Grayscale introduces crypto investment fund that prioritizes staking rewards

Grayscale Investments has announced an investment fund tailored to sophisticated clients eager to expose their portfolios to income generated from staking cryptocurrency tokens.

According to a recent statement, the Grayscale Dynamic Income Fund is only available to clients with more than $1.1 million assets under management or a net worth of more than $2.2 million.

The fund intends to convert staking rewards into United States dollars weekly, with distributions planned quarterly for investors. Additionally, Grayscale claims that careful analysis will be conducted to select the proof-of-stake (PoS) tokens included in the fund’s portfolio.

The main priority of the fund is to maximize staking income from the assets, with capital growth as a secondary focus, according to Grayscale.

Crypto staking involves locking up crypto tokens to earn interest or rewards, which in turn ensures the secure and efficient operation of the blockchain network.