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/biz/ - Business & Finance


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56582141 No.56582141 [Reply] [Original]

>Greyscale Chainlink Trust going parabolic

It is just overpriced LINK for retail plebs. But for institutional investors it is the only current way to invest in the LINK token in the form of a security.

These people are buying LINK at a $20 USD premium just to have legal exposure to link.

>> No.56582154

>>56582141
>b-but token not needed
kek fuddies

>> No.56582165
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56582165

>>56582154
I hope fuddies burn in hell for the years of mockery us linkies had to endure. I hope they rope.

>> No.56582203

>>56582141
>institutional investors

>Assets under management
>$3,859,384.22

Pick one

>> No.56582215

>>56582141
>>56582165
why doesn't she have a nose

>> No.56582220

>-89%
ARE YA WINNIN SON?

>> No.56582351

>>56582220
you are bad at math

>> No.56582476

>>56582220
Dis nigga dumb as hell

>> No.56582517

>>56582203
>>$3,859,384.22
Yeah what the fuck is even the point of this shit? Do they buy more at some point when there is demand or arbitrage it in some way?

>> No.56582526

https://www.grayscale.com/crypto-products
filecoin looks even more out of whack (4 vs 26)

>> No.56582528

>>56582526
solana 15 vs 76
btw filecoin has less than half a million usd AUM lmao
what kind of shit are they pulling?

>> No.56582548

>To date, the Product has not met its investment objective and the Shares of the Product quoted on OTC Markets Group has not reflected the value of digital assets held by the Product, less the Product’s expenses and other liabilities, but instead have traded at both premiums and discounts to such value, with variations that have at times been substantial.

>> No.56582566

>>56582203
HAHAHAHAHA this really sums up biz. Complete amateur hour here.