NAV discounts are closing in the crypto closed end funds. However, there is one fund that still trades with an enormous mark down and it makes very little sense in my view.
BTW guys, in the two and half weeks since this post, we've seen ETH come down a little bit and it's actually been enough to move the adjusted share value down to $16.06 if we write down the SOL, ADA, and MATIC to zero. GDLC closed at $16 yesterday. Essentially, you could argue we're now at fair value in GDLC! Meaning at this point I'd only hold the shares if you think the assets in the fund will keep going up (possible).
Bot GDLC on you recommendation in SA. Great call!
Awesome! I think it's going to age well
BTW guys, in the two and half weeks since this post, we've seen ETH come down a little bit and it's actually been enough to move the adjusted share value down to $16.06 if we write down the SOL, ADA, and MATIC to zero. GDLC closed at $16 yesterday. Essentially, you could argue we're now at fair value in GDLC! Meaning at this point I'd only hold the shares if you think the assets in the fund will keep going up (possible).