灰度为精英投资者推出动态收益基金，利用质押奖励

灰度投资推出了灰度动态收入基金（GDIC），这是一个为寻求加密货币质押收入的成熟客户提供的投资基金。该基金仅向那些管理资产超过 110 万美元或净资产超过 220 万美元的人开放，旨在通过股权证明 (PoS) 代币质押产生收入，每周和每季度分配奖励转换为美元。 Grayscale 将仔细选择 PoS 代币并优先考虑收入最大化，目前持有的代币包括 Osmosis (OSMO)、Solana (SOL) 和 Polkadot (DOT)。

Grayscale Unlocks Income Potential for Sophisticated Investors with Dynamic Income Fund

灰度通过动态收入基金释放成熟投资者的收入潜力

NEW YORK, March 29, 2023 – Grayscale Investments, a leading digital currency asset manager, has unveiled the Grayscale Dynamic Income Fund (GDIC), a groundbreaking investment vehicle designed to provide qualified clients with access to the burgeoning world of cryptocurrency staking.

纽约，2023 年 3 月 29 日 – 领先的数字货币资产管理公司 Grayscale Investments 推出了 Grayscale 动态收入基金 (GDIC)，这是一种突破性的投资工具，旨在为合格的客户提供进入新兴的加密货币质押世界的机会。

Exclusively tailored for individuals with a minimum of $1.1 million in assets under management (AUM) or a net worth exceeding $2.2 million, the GDIC represents a strategic move by Grayscale to capitalize on the growing demand for passive income generation within the digital asset ecosystem.

GDIC 专为管理资产 (AUM) 至少 110 万美元或净资产超过 220 万美元的个人量身定制，代表了 Grayscale 的一项战略举措，旨在利用数字资产生态系统中对被动创收不断增长的需求。

The GDIC will leverage Grayscale's expertise in token staking, a process that involves committing cryptocurrency tokens to secure and validate transactions on blockchain networks. By staking tokens, investors earn rewards in the form of additional tokens, generating a steady stream of income.

GDIC 将利用 Grayscale 在代币质押方面的专业知识，该过程涉及提交加密货币代币以保护和验证区块链网络上的交易。通过质押代币，投资者以额外代币的形式获得奖励，从而产生稳定的收入流。

"We believe that staking represents a compelling opportunity for investors to enhance their portfolio diversification and income potential," remarked David LaValle, Global Head of Investments at Grayscale. "With the GDIC, we are providing sophisticated investors with a convenient and efficient way to participate in this emerging asset class."

Grayscale 全球投资主管 David LaValle 表示：“我们相信，质押对于投资者来说是一个增强投资组合多元化和收入潜力的绝佳机会。” “通过 GDIC，我们为成熟的投资者提供了一种便捷有效的方式来参与这一新兴资产类别。”

Meticulously curated by Grayscale, the GDIC's portfolio will comprise a diverse range of Proof of Stake (PoS) tokens, each carefully selected based on its staking rewards potential and network fundamentals.

GDIC 的投资组合由 Grayscale 精心策划，将包含各种不同的权益证明 (PoS) 代币，每种代币都是根据其质押奖励潜力和网络基本面精心挑选的。

At launch, the GDIC will allocate approximately 24% of its holdings to Osmosis (OSMO), 20% to Solana (SOL), and 14% to Polkadot (DOT). The remaining 43% will be invested in a selection of other PoS tokens, with the composition subject to change based on Grayscale's ongoing research and analysis.

发行时，GDIC 将把其持有的约 24% 分配给 Osmosis (OSMO)，20% 分配给 Solana (SOL)，14% 分配给 Polkadot (DOT)。剩下的 43% 将投资于精选的其他 PoS 代币，其构成可能会根据 Grayscale 正在进行的研究和分析而发生变化。

"Our team continuously monitors and evaluates the PoS landscape, ensuring that the GDIC remains optimally positioned to deliver consistent income for our investors," added LaValle.

LaValle 补充道：“我们的团队持续监控和评估 PoS 格局，确保 GDIC 保持最佳状态，为我们的投资者提供稳定的收入。”

The GDIC's primary focus is on maximizing staking income, with capital growth considered a secondary objective. Staking rewards will be converted into US dollars weekly, with quarterly distributions scheduled for investors.

GDIC 的主要关注点是最大化质押收入，资本增长被视为次要目标。质押奖励将每周转换为美元，并按季度向投资者分配。

While staking holds immense promise, it can also be a complex and time-consuming process. The GDIC removes these barriers, allowing investors to benefit from staking without the need for technical expertise.

虽然质押拥有巨大的前景，但它也可能是一个复杂且耗时的过程。 GDIC 消除了这些障碍，使投资者无需具备技术专业知识即可从质押中受益。

"Grayscale manages the intricate aspects of staking and unstaking various tokens, each with its unique timelines and requirements," explained LaValle. "This seamless solution empowers investors to reap the rewards of staking while avoiding the complexities associated with the process."

LaValle 解释说：“Grayscale 管理各种代币的质押和解除质押的复杂方面，每种代币都有其独特的时间表和要求。” “这种无缝解决方案使投资者能够获得质押回报，同时避免与流程相关的复杂性。”

Grayscale's GDIC is a compelling addition to its suite of investment products, offering sophisticated investors a novel way to generate income from the digital asset market. Its launch underscores Grayscale's commitment to providing investors with innovative and tailored solutions that meet their evolving needs.

Grayscale 的 GDIC 是其投资产品套件中引人注目的补充，为成熟的投资者提供了一种从数字资产市场创收的新颖方式。它的推出凸显了灰度致力于为投资者提供创新和定制的解决方案，以满足他们不断变化的需求。

Grayscale's Spot Bitcoin ETF Faces Scrutiny Amid High Fees

Grayscale 现货比特币 ETF 因高额费用而面临审查

Concurrently, Grayscale's spot Bitcoin exchange-traded fund (ETF), which debuted on January 11, 2023, has come under scrutiny due to its substantial management fees. As a result, the fund has experienced significant outflows, with Cointelegraph reporting daily redemptions exceeding $14 billion as of March 25, 2023.

与此同时，灰度于2023年1月11日推出的现货比特币交易所交易基金（ETF）因其巨额管理费而受到密切关注。因此，该基金出现了大幅资金外流，Cointelegraph 报告称，截至 2023 年 3 月 25 日，每日赎回额超过 140 亿美元。

The Grayscale Bitcoin Trust (GBTC) levies a 1.5% annual management fee, significantly higher than the industry average of 0.30% for spot Bitcoin ETFs. This disparity has raised concerns among investors and has hindered the fund's ability to attract and retain assets.

灰度比特币信托基金（GBTC）收取 1.5% 的年管理费，显着高于现货比特币 ETF 0.30% 的行业平均水平。这种差异引起了投资者的担忧，并阻碍了基金吸引和保留资产的能力。

Furthermore, Grayscale's efforts to convert GBTC into a spot Bitcoin ETF have been met with regulatory resistance from the United States Securities and Exchange Commission (SEC). The SEC has yet to approve a spot Bitcoin ETF, citing concerns related to market manipulation and custody issues.

此外，Grayscale 将 GBTC 转换为现货比特币 ETF 的努力遭到了美国证券交易委员会 (SEC) 的监管阻力。美国证券交易委员会尚未批准现货比特币 ETF，理由是担心市场操纵和托管问题。

Despite these challenges, Grayscale remains steadfast in its pursuit of regulatory approval for its Bitcoin ETF. The company is actively engaged with the SEC and is committed to addressing any concerns raised by the regulator.

尽管面临这些挑战，Grayscale 仍坚定不移地寻求监管机构批准其比特币 ETF。该公司积极与 SEC 合作，并致力于解决监管机构提出的任何问题。