Grayscale Investments® Announces Rebalancing of Multi-Asset Funds for Fourth Quarter 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2025
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Source: Newsfilter
Grayscale Investments Updates Fund Portfolios: Grayscale Investments has announced rebalancing of its crypto investment products, including the addition of Livepeer (LPT) to the AI Fund and Curve (CRV) to the DeFi Fund, while removing Synthetix (SNX) and Avalanche (AVAX) from their respective portfolios.
Investment Risks and Objectives: The funds aim to provide exposure to various digital assets but have not consistently met their investment objectives, with shares trading at premiums or discounts to the actual value of held components, highlighting potential risks associated with volatility in the digital asset market.
Analyst Views on GDLC
Wall Street analysts forecast GDLC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GDLC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
