Grayscale Digital Large Cap Fund (OTCMKTS:GDLC) Shares Gap Up – Here’s What Happened

Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC)’s stock price 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 traded.

Grayscale Digital Large Cap Fund Price Performance

The firm has a 50-day moving average price of $47.25 and a 200 day moving average price of $50.02.

Institutional Trading of Grayscale Digital Large Cap Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. Wolff Wiese Magana LLC acquired a new stake in Grayscale Digital Large Cap Fund during the third quarter worth about $29,000. US Bancorp DE bought a new position in shares of Grayscale Digital Large Cap Fund during the third quarter valued at approximately $35,000. Clearstead Advisors LLC acquired a new position in shares of Grayscale Digital Large Cap Fund during the third quarter worth approximately $39,000. SOA Wealth Advisors LLC. bought a new position in Grayscale Digital Large Cap Fund in the 3rd quarter worth approximately $40,000. Finally, Rothschild Investment LLC acquired a new stake in Grayscale Digital Large Cap Fund in the 3rd quarter valued at approximately $56,000.

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.