I'm quite bullish on basket crypto ETPs, but GDLC gives me more questions than answers
It claims to track the 5 largest coins, but knowingly omits BNB, the proxy asset for the largest company in the industry (as well as DOGE and TRON), for ADA
Make it make sense

One fund, five leaders. The Grayscale CoinDesk Crypto 5 ETF (Ticker: $GDLC) tracks the five largest, most liquid cryptocurrencies¹— #Bitcoin, #Ethereum, $SOL, $XRP, and $ADA.
$GDLC allows investors to capture broad exposure to the crypto asset class while focusing on the most current market leaders, covering over 90% of the crypto market’s capitalization² in one fund.
Find it directly in your brokerage account without the hassle of crypto wallets, keys, or crypto exchange accounts. Only from Grayscale.
See important disclosures and learn more about $GDLC:
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