Grayscale has been frequently active recently, launching multiple encryption asset trust funds since the beginning of this year.

Original Title: 'Grayscale's Bull Market Bets'

Author: Jun, Bankless

Compiled by Weizhi, BlockBeats

*Editor's note: As one of the world's largest encryption asset management companies, the launch of each trust fund by Grayscale will be highly followed by the encryption market. For the market, trust funds provide legitimacy and recognition for specific encryption assets. On August 22, Grayscale launched the AVAX trust fund, Grayscale Avalanche Trust, aiming to provide accredited investors with investment opportunities in AVAX. In addition to AVAX, what other layouts does Grayscale have? Bankless has compiled the encryption asset trust funds launched by Grayscale in this round of the cycle in this article.

As a veteran institution in the field of encryption asset management, Grayscale has been very active recently.

Whenever Grayscale announces a new trust fund for a certain asset, the market often reacts differently. For some, it's a double-edged sword: some see it as a signal of market oversaturation, while others see it as a new beacon of hope.

Some people may interpret this launch as a sign that the asset market is nearing saturation, or at least that there is limited room for rise in the Cryptocurrency space. On the other hand, this is also a stamp of approval from major players in the encryption field, potentially bringing legitimacy to the asset, attracting institutional investors, and at least increasing media attention.

Grayscale has recently accelerated the launch of new investment products, indicating their belief that we are currently in the mid-stage of the encryption Bull Market. The driving forces behind this Bull Market include the influx of funds into BTC ETFs, the long-awaited launch of ETH ETFs, an increase in stablecoin adoption rates, and the stable rise of Total Value Locked (TVL) in Decentralized Finance.

As a low-key giant in the industry, investors continue to closely follow Grayscale's investment trends to assess their views on the future direction of the industry. Which assets have attracted their attention in this cycle? Let's find out.

Grayscale Decentralization AI Fund (FIL, NEAR, RNDR, LPT, TAO)

The Grayscale Decentralization AI Fund is the first fund that exclusively invests in native Tokens of the Decentralization AI protocol. Currently, the fund includes FIL, Near, Render, Livepeer, and Bittensor.

Grayscale pointed out that people are concerned that the future will be dominated by centralized AI, while encryption technology is expected to create a more fair and transparent ecosystem. They believe that although the combination of encryption and AI is still in its early stages, the prospects are broad. By harnessing the power of encryption, we can build a more fair, transparent, and trustworthy AI ecosystem.

Gray Decentralization Artificial Intelligence Fund Holdings Details

Grayscale Dynamic Yield Fund (SOL, CBETH, NEAR, etc.)

The Grayscale Dynamic Income Fund (GDIF) aims to maximize returns by leveraging stake rewards from rising tokens such as SOL, ETH, NEAR, etc. The fund maximizes returns by strategically allocating capital to tokens with attractive stake rewards.

Grayscale is known for its diversified encryption investment approach. While they typically diversify their investments across various industries, GDIF represents a new frontier: diversification across different types of Tokens. This provides investors with unique yield opportunities beyond the potential pump of underlying Tokens.

Other Trust Funds

Grayscale NEAR Trust (NEAR)

Grayscale believes that NEAR is a shining star in the encryption field, standing out for its strategic focus on AI and chain abstraction. NEAR has a grand vision for the AI owned by users, and its active developer community, growing user base, and ample financial support enable it to achieve this goal. As global acceptance of AI continues to increase, NEAR is likely to become the preferred platform for developers and users.

Grayscale Stacks Trust (STX)

Stacks is Grayscale's bet on the BTC second-layer (L2) space. Stacks addresses BTC's scalability and functionality challenges by building a Smart Contract-enabled L2 solution on top of BTC. This approach allows developers to build various applications on the BTC blockchain.

With the continuous development of the BTC ecosystem and the addition of more Decentralized Finance activities, the demand for scalability and cost reduction will become more urgent, and Stacks provides a solution to this problem.

Grayscale MakerDAO Trust

MakerDAO is a veteran project in the Decentralized Finance field, and MKR is its native governance Token, which is crucial to participating in the ecosystem. The launch of the Grayscale MakerDAO Trust comes at a time when people's interest in blue-chip Decentralized Finance projects and their Tokens is once again soaring.

Grayscale believes that MKR provides investors with channels to participate in the MakerDAO ecosystem, including on-chain credit protocol, stablecoins, real-world assets, and more.

Grayscale Bittensor Trust (TAO)

Bittensor's vision is to create an AI that is no longer a tool in the hands of a few companies, but a resource shared by all. It aims to create an 'AI internet' where everyone can participate and benefit from AI models. TAO encourages participants to contribute to the network by validating models and running AI computations, thus making a contribution by providing rewards.

As the AI competition between large tech companies intensifies, Grayscale believes that Bittensor offers an alternative approach to AI development that encourages broader participation and diverse thinking.

Grayscale SUI Trust (SUI)

SUI has a unique blockchain design that prioritizes scalability and user experience. It allows for parallel processing, capable of handling multiple transactions simultaneously. SUI's competitive advantage lies in its specially developed programming language SUI Move, which simplifies the development and execution of smart contracts.

With the increasing demand for Block space and faster execution speed in the encryption field, Grayscale believes that SUI has opened a new door, ushering in a new era of Decentralization applications that were previously impossible due to limitations in existing Blockchain infrastructure.

Grayscale Effect

Overall, the launch of Grayscale Trust has a highly subjective impact on specific assets. This does not mean that the asset is destined for great success. Take Grayscale's Decentraland Trust (MANA) as an example.

The key point is that Grayscale's bullish attitude towards the encryption market is very evident in its recent product releases. They believe that we are currently in a Bull Market and are accordingly laying out their positions.