GSCPxE-768x887

Grayscale® Smart Contract Platform Ex-Ethereum Fund

Watchlist

The private placement is currently unavailable
Publicly quoted shares of can be bought and sold through your brokerage account.
Okay
$ 0 m
Assets Under Management
0 %
Trailing 12 months
0 %
Since Inception

Overview

Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE) is one of the first securities solely invested in and deriving value from the price of native tokens of emerging smart contract platforms.

The Fund provides access in the form of a security without the challenges of buying, storing, and safekeeping digital currencies directly.

Grayscale® Smart Contract Platform Ex-Ethereum Fund (GSCPxE) is one of the first securities solely invested in and deriving value from the price of native tokens of emerging smart contract platforms.

The Fund provides access in the form of a security without the challenges of buying, storing, and safekeeping digital currencies directly.

Benchmark Index Benchmark Composition

CoinDesk Smart Contract Platform Select Ex ETH Index

CUSIP

G40697107

ISIN

KYG406971070

Bloomberg

-

OTC

-

Inception Date

03/16/2022

Annual Fee

2.5%

AUM

$1,464,734**‡

Shares Outstanding

271,900‡

GSCPxE per share

-

Features

1 of

Titled, auditable ownership through an investment vehicle

Shares are securities titled in the investor’s name, providing a familiar structure for financial and tax advisors, and easy transferability to beneficiaries under estate laws.

Eligible for tax-advantaged accounts

Shares are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts.

Robust security and storage

The Fund’s constituents are stored in offline or “cold” storage with Coinbase Custody Trust Company, a fiduciary under 100 of the New York Banking Law and a qualified custodian for purposes of Rule 206(4)-2(d)(6) under the Investment Advisers Act of 1940.

Supported by network of trusted, best-in-class service providers

Davis Polk & Wardwell LLP serves as legal counsel to the Manager of Grayscale Smart Contract Platform Ex-Ethereum Fund. Financial statements for Grayscale Smart Contract Platform Ex-Ethereum Fund are audited annually by Marcum LLP.

Performance

Grayscale® Smart Contract Platform Ex-Ethereum Fund provides a secure structure to gain exposure to native tokens of emerging smart contract platforms.

Grayscale® Smart Contract Platform Ex-Ethereum Fund provides a secure structure to gain exposure to native tokens of emerging smart contract platforms.

Holdings / Share **

At close as of 03/27/2023

$5.39
$ 0

Day Change

-0.046

Fund Components per Share‡

At close as of 03/27/2023

Cardano
4.30990626 ADA
27.35%
Polygon
1.09136526 MATIC
21.07%
Solana
0.04581587 SOL
16.83%
Polkadot
0.14378951 DOT
15.64%
Avalanche
0.03896761 AVAX
11.90%
Cosmos
0.03577597 ATOM
7.21%

Holdings / Share **

Returns (At close as of 03/27/2023)

1 Day

1 Month

3 Months

YTD

12 Months

Since Inception

-0.046
-0.1017
0.3646
0.4412
-0.7102
-0.6407

Past performance is not necessarily indicative of future results.

 

For NAV Per Share and AUM calculated in accordance with US GAAP Methodology, see here.

 

**Digital Asset Holdings per share is calculated daily at 4pm ET, based on the applicable CoinDesk Index or Reference Rate. If you would like to see how Holdings is calculated, please refer to the applicable Product’s disclosure language on OTC Markets or in its private placement memorandum.

 

*Products displayed without a Market Price per Share are not publicly quoted. There can be no assurance that the value of the Shares of such Product will reflect the value of digital assets held by such Product, less such Product’s expenses and other liabilities, and the Shares of such Product, if traded on any secondary market, may trade at a substantial premium over, or substantial discount to, such value and such Product may be unable to meet its investment objective.

 

‡ As of 3/27/2023

Past performance is not necessarily indicative of future results.

 

For NAV Per Share and AUM calculated in accordance with US GAAP Methodology, see here.

 

**Digital Asset Holdings per share is calculated daily at 4pm ET, based on the applicable CoinDesk Index or Reference Rate. If you would like to see how Holdings is calculated, please refer to the applicable Product’s disclosure language on OTC Markets or in its private placement memorandum.

 

*Products displayed without a Market Price per Share are not publicly quoted. There can be no assurance that the value of the Shares of such Product will reflect the value of digital assets held by such Product, less such Product’s expenses and other liabilities, and the Shares of such Product, if traded on any secondary market, may trade at a substantial premium over, or substantial discount to, such value and such Product may be unable to meet its investment objective.

 

‡ As of 3/27/2023

Investment Terms

Investment Objective

Shares are intended to reflect the value of the Fund Components as determined by reference to their respective Digital Asset Reference Rates and Fund Weightings, less fees and expenses.

Benchmark Index Benchmark Composition

CoinDesk Smart Contract Platform Select Ex ETH Index

Investor Qualifications

Accredited Investors

Minimum Investment Requirement

$50,000

Sponsor's Fee Manager's Fee

2.5% Annually

Extraordinary Expenses

The Product may from time to time incur certain extraordinary expenses, which are payable by the Product.

Performance Fee

0

Assets Under Management

$1,464,734**‡

Subscriptions

Daily

GSCPxE Holdings per Share ($)

Calculated and published on business days at 4:00pm ET time.

Secondary Market Trading

Following a one-year holding period, Grayscale intends to attempt to have Shares of new products quoted on a secondary market. However there is no guarantee that we will be successful.

Redemptions

Redemptions of shares are not currently authorized.

IRA Eligibility & Other Self-Directed Accounts

Subscriptions can be made with IRA assets through Pacific Premier Trust, the Entrust Group, and others.

Per-share GSCPxE Holdings

CUSIP

G40697107

Play Video

Sign up and join the Grayscale community

* Required fields
Geometric shape

All set! Thank you.

Am I eligible to invest in Grayscale’s private placement offerings?

Good News! You qualify to invest in our private placements.

Please fill out the form below to begin your registration process.

What is the size of the investment that you are currently considering?

Investments can be made through cash and in-kind (contributing digital assets you already own) subscriptions. Please estimate in USD your investment size (and note that you will finalize the amount later in the process).

Unfortunately, you do not qualify to be an investor in Grayscale's private placements.

You may invest in our publicly quoted products directly through your brokerage account.

Sign up and join the Grayscale community