Grayscale Digital Large Cap Fund (OTCMKTS:GDLC) Shares Down 6.3% – What’s Next?

Grayscale Digital Large Cap Fund LLC (OTCMKTS:GDLC)’s share price was down 6.3% during mid-day trading on Tuesday . The company traded as low as $42.36 and last traded at $42.55. Approximately 44,606 shares were traded during mid-day trading, a decline of 46% from the average daily 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 50-day simple moving average is $43.11 and its two-hundred day simple moving average is $49.62.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of GDLC. Sandbox Financial Partners LLC acquired a new stake in Grayscale Digital Large Cap Fund in the 3rd quarter worth about $221,000. Hartmann Taylor Wealth Management LLC purchased a new position in shares of Grayscale Digital Large Cap Fund in the third quarter valued at approximately $3,632,000. Miracle Mile Advisors LLC purchased a new position in shares of Grayscale Digital Large Cap Fund in the third quarter valued at approximately $376,000. Yarbrough Capital LLC acquired a new stake in shares of Grayscale Digital Large Cap Fund in the third quarter worth approximately $12,410,000. Finally, SOA Wealth Advisors LLC. acquired a new stake in shares of Grayscale Digital Large Cap Fund in the third quarter worth approximately $40,000.

About Grayscale Digital Large Cap Fund

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.