Grayscale Digital Large Cap Fund (OTCMKTS:GDLC) Shares Down 6.3% – Time to Sell?

Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC) shares fell 6.3% during mid-day trading on Tuesday . The stock traded as low as $42.36 and last traded at $42.55. 44,606 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 82,502 shares. The stock had previously closed at $45.43.

Grayscale Digital Large Cap Fund Trading Down 7.1%

The stock’s fifty day moving average is $43.11 and its 200-day moving average is $49.62.

Hedge Funds Weigh In On Grayscale Digital Large Cap Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Wolff Wiese Magana LLC acquired a new position in Grayscale Digital Large Cap Fund in the 3rd quarter worth about $29,000. US Bancorp DE acquired a new stake in Grayscale Digital Large Cap Fund in the third quarter valued at approximately $35,000. Clearstead Advisors LLC purchased a new stake in shares of Grayscale Digital Large Cap Fund in the third quarter valued at approximately $39,000. SOA Wealth Advisors LLC. acquired a new position in shares of Grayscale Digital Large Cap Fund during the 3rd quarter worth approximately $40,000. Finally, JFS Wealth Advisors LLC acquired a new position in shares of Grayscale Digital Large Cap Fund during the 4th quarter worth approximately $48,000.

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.