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Why is Grayscale GDLC dumping 20%? "Digital Large Cap" - 67% BTC, 25% ETH, 3% SOL

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Why is Grayscale GDLC dumping 20%? "Digital Large Cap" - 67% BTC, 25% ETH, 3% SOL

I get people want to rotate out of GBTC into the ETF, but GDLC "Digital Large Cap Fund" (67% BTC, 25% ETH, 3% SOL, 2.5% XRP, 1.5% ADA, 1% ADA) is trading at a 50% discount and still dumping? It's the only way to get ETH and SOL into a standard portfolio, seems like a bargain? Wondering if I should buy more or is wise to get out if it's reacting negatively to the ETF approval? ETH ETF is a lot more complex with staking and ICO so it's not a sure thing for April at all, but should get approval eventually. This was an interesting interview about ETF impact, ETH starts at 29:00. https://www.youtube.com/watch?v=evxvWd8qpV8

https://preview.redd.it/1ah3z6potucc1.png?788&format=png&auto=webp&s=bb4fd53ee7d54dae9a442464aa3d3c970390138d

submitted by /u/TheRealTheory001
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