I expect DXYZ to produce some serious gains prior to the Anthropic IPO announcement date. Very similar to the setup leading to the SpaceX IPO (over 100% from lows to SpaceX IPO date announcement), it gives small retail investors a chance to make some profit on a pre-IPO giant.
DXYZ is currently at its 52-week low, making an entry point attractive for this particular short term play. The three biggest risks I see right now are recent headwinds for Anthropic, volatility of SpaceX, and the way this fund operates. It can carry high premiums and an expense ratio of almost 5%. The Anthropic exposure is about 18%, over shadowing other singular investments in the fund, but invest using a Special Purpose Vehicle. Does the bad outweigh the good? Only time will tell.
No crying in the casino