Share this article
Bitcoin ETF Giant Grayscale Introduces a Crypto Staking Fund
The Grayscale Dynamic Income Fund initially includes APT, TIA, CBETH, ATOM, NEAR, OSMO, DOT, SEI and SOL.
Updated Mar 9, 2024, 2:15 a.m. Published Mar 5, 2024, 4:55 p.m.
Grayscale, the investment firm behind the biggest spot bitcoin ETF, has introduced a new fund that stakes cryptocurrencies to earn income.
The Grayscale Dynamic Income Fund (GDIF), the company said Tuesday, initially will own assets for nine blockchains: Aptos , , Coinbase Staked Ethereum (CBETH), Cosmos , Near , Osmosis , Polkadot , SEI Network , and Solana . It aims to distribute rewards in U.S. dollars on a quarterly basis.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"As our first actively managed Fund, GDIF is an important expansion of our product suite and enables investors to participate in multi-asset staking through the convenience and familiarity of a singular investment vehicle," Grayscale CEO Michael Sonnenshein said in a statement.
Staking plays a key role in how some blockchains. Whereas the Bitcoin network relies on proof-of-work – in which miners crunch complex numerical puzzles to create new bitcoin – proof-of-stake networks like Ethereum instead allow owners of their token to pledge their assets to run the network. Doing so is called staking, and it generates income for the staker.
It's an auspicious occasion to bring crypto products to market with bitcoin hitting an all-time high above $69,000 on Tuesday. Speaking to the crypto rally, Zach Pandl, head of research at Grayscale, said valuations for Ethereum's ether and most other tokens remain below their highs from the previous crypto cycle.
"If the macro markets backdrop remains favorable, we could see further increases in token valuations – but macro factors could also be a headwind," Pandl said in an email.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Crypto’s Machine Learning ‘iPhone Moment’ Comes Closer as AI Agents Trade the Market
Recall Labs, a firm that has run 20 or so AI trading arenas, pitted foundational large language models (LLMs) against customized trading agents.
What to know:
- Specially customized AI trading tools outperformed LLMs such as GPT-5, DeepSeek and Gemini Pro.
- Rather than simply using profit and loss to measure success, AI agents balance risk and reward when faced with a multitude of market conditions.
- As in TradFi, hedge funds and family offices with the resources to invest in the development of custom AI trading tools will be first to reap the rewards.
Top Stories
