Grayscale Digital Large Cap Fund (OTCMKTS:GDLC) Shares Gap Up – Should You Buy?

Shares of Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC) gapped up prior to trading on Friday . The stock had previously closed at $39.78, but opened at $41.56. Grayscale Digital Large Cap Fund shares last traded at $41.84, with a volume of 42,984 shares.

Grayscale Digital Large Cap Fund Stock Performance

The company’s 50 day simple moving average is $47.25 and its 200 day simple moving average is $50.02.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Oakworth Capital Inc. acquired a new position in Grayscale Digital Large Cap Fund in the 3rd quarter valued at approximately $257,000. Mitchell Mcleod Pugh & Williams Inc. bought a new stake in shares of Grayscale Digital Large Cap Fund during the third quarter valued at approximately $214,000. Alesco Advisors LLC acquired a new position in shares of Grayscale Digital Large Cap Fund in the third quarter valued at $463,000. Wolff Wiese Magana LLC bought a new position in Grayscale Digital Large Cap Fund in the third quarter worth $29,000. Finally, Eagle Global Advisors LLC acquired a new stake in Grayscale Digital Large Cap Fund during the third quarter worth $498,000.

Grayscale Digital Large Cap Fund Company Profile

Grayscale Digital Large Cap Fund (OTCMKTS: GDLC) is a digital asset investment vehicle designed to offer investors diversified exposure to large-cap cryptocurrencies through a single, publicly traded instrument. Managed by Grayscale Investments, the fund seeks to track a market-capitalization-weighted index of leading digital assets, providing access to a basket of prominent tokens such as Bitcoin, Ethereum and other top-tier digital currencies. Shares of the fund are traded over the counter, allowing both institutional and individual investors to gain regulated exposure to the crypto asset class without directly holding underlying tokens.

As an open-end grantor trust, GDLC acquires and securely stores its portfolio of digital assets on behalf of shareholders, leveraging custodial arrangements and institutional-grade security protocols.