Grayscale Eyes 30+ New Digital Assets for Future Offerings—Here’s What It Means for Crypto Markets
Grayscale just signaled its biggest expansion play yet—and it could reshape institutional crypto access overnight.
The asset manager, already a heavyweight in Bitcoin and Ethereum funds, is reportedly evaluating over thirty additional digital assets for future investment products. That’s not just a portfolio tweak; it’s a direct bet on the maturation—and institutionalization—of the broader crypto ecosystem.
Why This Move Matters
Grayscale doesn’t just add tokens for fun. Each new offering represents a rigorous vetting process, a nod of legitimacy, and a fresh pipeline for institutional capital. Think of it as a curated on-ramp—Wall Street’s version of a “verified” badge.
More products mean more options for accredited investors and funds that have been waiting on the sidelines, wary of direct custody or regulatory gray areas. Grayscale’s structure lets them gain exposure without holding the underlying asset—a classic finance workaround that somehow makes digital gold palatable to traditional suits.
The Ripple Effect
When an asset manager of this scale eyes thirty-plus tokens, it’s not picking favorites—it’s drafting an entire roster. Projects that make the cut could see immediate liquidity bumps and credibility boosts. Those left out might face tougher questions.
It also pressures competitors to keep up. Expect other fund providers to accelerate their own vetting processes—because in the race for institutional assets, nobody wants to be left holding last year’s portfolio.
A Cynical Take
Let’s be real: Grayscale earns fees on assets under management. More offerings mean more fee streams—a brilliant business model if you can convince investors that paying a premium for indirect exposure beats, you know, just buying the asset yourself. But hey, Wall Street has built empires on less.
Bottom line: This isn’t just a product expansion. It’s a signal that institutional crypto adoption is moving beyond Bitcoin and Ethereum—and that the traditional finance playbook is being rewritten, one fee-generating fund at a time.
Grayscale considers APT and nine others under smart contract platforms
The asset manager’s team said on January 12 that it is considering adding ten digital assets under the smart contract platforms sector. These include crypto assets that serve as the baseline platforms upon which self-executing contracts are developed and deployed.
The assets under consideration in this category include Aptos (APT), Arbitrum (ARB), Binance Coin (BNB), Celo (CELO), and Mantle (MNT). Others are Monad (MON), Toncoin (TON), Polkadot (DOT), and MegaETH.
Under the financials category, which includes crypto assets that seek to deliver transactions and services, Grayscale is considering adding Ethena (ENA), Euler (EUL), Hyperliquid (HYPE), and Jupiter (JUP). The other are Kamino Finance (KMNO), Lombard (BARD), Maple Finance (SYRUP), Morpho (MORPHO), Pendle (PENDLE), Plume Network (PLUME), and Sky (SKY).
Grayscale is also considering the addition of digital assets to its Consumer & Culture category, which encompasses crypto assets that support consumption-focused activities across various goods and services. The three assets under consideration are ARIA Protocol (ARIAIP), Bonk (BONK), and Playtron.
The asset manager is considering adding at least seven more digital assets under its AI category, which includes crypto assets that support the development, production, and application of AI technology. These include Flock (FLOCK), Grass (GRASS), Kaito (KAITO), Nous Research, Worldcoin (WLD), Virtual Protocol (VIRTUAL), and Poseidon.
Grayscale is also considering adding five assets under the Utilities & Services category, which includes crypto assets that deliver practical and enterprise-grade functionalities and applications. The new digital assets are Wormhole (W), DoubleZero (2Z), Jito (JTO), Geodnet (GEOD), and LAYER Zero (ZRO).
Grayscale plans to list more crypto product shares on a secondary market
The asset manager is also planning to have shares of new products quoted on a secondary market. Shares of specific Grayscale products, such as OTCQX, have already been approved for trading on a secondary market.
However, Grayscale cautions that investors should not assume new products will gain such approval. According to the asset manager, the U.S. SEC and FINRA may have questions regarding the status of the product’s underlying digital assets under the federal securities law.
Meanwhile, Grayscale is not considering adding more assets under the Currencies category, which includes crypto assets that serve as mediums of exchange, units of account, and stores of value. The assets currently under this product suite include Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Stellar Lumens (XLM), Zcash (ZEC), and XRP (XRP).
On the other hand, Grayscale further believes that new capital entering the crypto space in 2026 is likely to come primarily through spot ETPs. Global crypto ETPs have seen net inflows of approximately $87 billion since the first bitcoin ETPs were introduced to the U.S. market in January 2024.
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