Small position opened at FirstWaveFund. DXYZ has pulled back -62% from recent highs and is bouncing off a trendline. It used to trade at 8x NAV, now it's in-line. Assets include ~15% in SpaceX, ~20% in Anthropic, ~5% in OpenAI, plus Databricks, ShieldAI, and Revolut. Expect DXYZ to catch a bid as a proxy for Anthropic and OpenAI IPOs.