The likelihood of a "contagion-style blow up" from Digital Asset Trusts (DATs) is low, as these vehicles can trade significantly below their Net Asset Value (NAV) without forced liquidation of underlying assets. Investors hoping for a rapid sell-off in underlying crypto assets due to DAT distress may be waiting a while, as the process would be slow and potentially front-runnable. Instead, expect DATs to become "zombie" funds, similar to GBTC, where equity is held captive and the fund stops active operations.