This Fund Added Two Cryptos to Play The Next Big Trend

If you’ve been following us since 2016, you know Daily editor Teeka Tiwari was the first newsletter editor in our business to identify bitcoin as an emerging asset class.

With a current market cap over $1 trillion, bitcoin is no longer “emerging.” It’s now what Teeka calls a “world-class” asset.

As the granddaddy of all cryptos, bitcoin has spawned a slew of financial products that track it… and one is the Grayscale Bitcoin Trust (GBTC).

GBTC launched in May 2015 at 41 cents. Today, it’s trading at almost $48… an 11,607% gain in six years.

By comparison, the S&P 500 is up 114.5% over the same time.

Here’s why we’re telling you about GBTC…

The same firm also runs the Grayscale Digital Large Cap Fund (GDLC)… which tracks the largest cryptos by market cap, including two called Solana and Uniswap.

Now, we’re not recommending GDLC… But the addition of these two cryptos is what caught our eye.

Both allow you to tokenize all types of assets. And Grayscale added them to give the fund exposure to the metaverse. (You’ll need to tokenize assets to move them between the real and virtual worlds that make up the metaverse.)

The metaverse encompasses all types of virtual worlds many of us already use… video games… eSports… social media… digital collectibles… cryptocurrencies… and non-fungible tokens (NFTs).

In short, the metaverse will be the biggest tech trend of the decade. And there will be plenty of ways to play it: Cryptos, NFTs, crypto miners, blockchain stocks, and computer software and hardware companies.

Right now, we’re super early in this trend… That’s why Teeka has made it a priority for his team. In fact, he recently put together his first set of recommendations to play this trend. Paid-up Palm Beach Letter subscribers can access it here.

If you’re not a PBL subscriber, you can still learn which cryptocurrency Teeka believes will be the next trillion-dollar coin. It’ll be the backbone of the entire metaverse movement.

Then check out our other investment ideas below…