Let's take a look at Grayscale's recent actions.

In this round of the bull market, the altcoins that Grayscale holds have basically all surged, and the increase has been significant. From the mainstream coins like BTC, ETH, SOL, BCH, and LPT that surged in the first half of 2024, to XRP, XLM, LTC in the second half of 2024, and then the privacy coins ZEN and ZEC that were hyped last month, and finally BAT, which has been rising in the past few days. You might say Grayscale is a bit slow, but the coins they hold have outperformed 99% of institutions and retail investors in this round of the bull market.

Currently, the only coins held by Grayscale that haven't surged are $ETC, $MANA, and $FIL, and recently Grayscale has been increasing its position in FIL. I currently hold some ETC, as Grayscale still holds $165 million worth of ETC, plus ETC is known to be a last resort, typically surging at the end of every bull market. I'm patiently holding to see if there are any surprises later. #加密市场观察