DEFG
GRAYSCALE DEFI FUND LLC
stock OTC

DEFG, the grayscale ETF, has a *tiny* float, literally 233,000 shares available. That's incredibly low for a closed-ended fund, which already has some unique dynamics compared to regular ETFs.
For those who don't know, closed-ended funds don’t issue or redeem shares like traditional ETFs. What’s out there is out there, period. So, if demand starts picking up via hype, a major news catalyst, or just retail FOMO the price could explode because there’s no easy way to create more shares to meet the demand. If any big players or even retail traders start piling in, DEFG could fly.
We've already seen examples of this with their Sol, Filecoin, and Link funds trading at crazy premiums all of which have many more shares available than DEFG. I bought just 100 shares today and the price went up 15%! If DEFG started trading at the same premium as their filecoin trust which has almost 2million shares DEFG would be trading around $250!
On top of all this, it’s actually a good fund that’s invested into a diverse basket including Uniswap, AAVE, MKR and Lido all of which should catch a major bid once ETH starts pushing to all time highs!
Obviously, DYOR and all that, but this setup seems primed for a pump.

DEFG, the grayscale ETF, has a *tiny* float, literally 233,000 shares available. That's incredibly low for a closed-ended fund, which already has some unique dynamics compared to regular ETFs.
For those who don't know, closed-ended funds don’t issue or redeem shares like traditional ETFs. What’s out there is out there, period. So, if demand starts picking up via hype, a major news catalyst, or just retail FOMO the price could explode because there’s no easy way to create more shares to meet the demand. If any big players or even retail traders start piling in, DEFG could fly.
We've already seen examples of this with their Sol, Filecoin, and Link funds trading at crazy premiums all of which have many more shares available than DEFG. I bought just 100 shares today and the price went up 15%! If DEFG started trading at the same premium as their filecoin trust which has almost 2million shares DEFG would be trading around $250!
On top of all this, it’s actually a good fund that’s invested into a diverse basket including Uniswap, AAVE, MKR and Lido all of which should catch a major bid once ETH starts pushing to all time highs!
Obviously, DYOR and all that, but this setup seems primed for a pump.