Grayscale Targets 30+ Crypto ETFs—BNB, BONK, and HYPE in the Crosshairs

Grayscale's latest filing reveals a massive expansion play—over 30 new crypto ETFs are on the drawing board.

Beyond the Blue-Chips

While Bitcoin and Ethereum dominate the conversation, the real story is in the altcoins. Grayscale's list includes everything from established players like BNB to meme-fueled newcomers like BONK and HYPE. It's a bold bet that investor appetite extends far beyond the top two.

The Institutional On-Ramp Widens

Each proposed ETF acts as a bridge, letting traditional money flow into digital assets without the hassle of self-custody. Grayscale isn't just adding options—it's building a highway for Wall Street capital, one ticker symbol at a time. A cynical take? They're monetizing the very volatility that makes old-school fund managers sweat.

Regulatory Chess Continues

Filing is one thing; approval is another. The SEC's stance remains the ultimate gatekeeper. Grayscale's aggressive move pressures regulators to keep pace—or risk pushing innovation offshore. It's a high-stakes game of chicken with billions in fees waiting on the sidelines.

The Bottom Line: A Flood of New Capital Awaits

If even a fraction of these 30+ ETFs get the green light, it unlocks a torrent of institutional liquidity. Prepare for a market that looks less like a niche and more like a mainstream asset class—for better or worse. After all, nothing says 'mature market' like turning internet jokes into tradable securities.

Grayscale ETF: New Coins to Become ETFs?

In a new list updated online, Grayscale has shared a list of 30+ crypto tokens that are currently under consideration to become potential ETFs. The list includes noteworthy cryptocurrency names, including BNB, Bonk, Hype, and Kaito.

Grayscale shares

Other than that, the leading digital asset management firm also shared a list of coins like Aptos, Arbitrum, Monad, Polkadot, and Toncoin that made the cut and may be considered as “potential” Grayscale investment ventures in the future.

Learn about the diverse digital assets we’re considering for future investment products and explore those already part of our offerings in our latest Assets Under Consideration update. Are we missing anything?

Read the full report: https://t.co/Tr5lU1CSSQ pic.twitter.com/k3I27r8tKc

What About Memecoins?

Grayscale has named Bonk under “consumer and culture”-centric products that it thinks could make the next cut under the consideration category. The firm also has issues and AI tech-centric coins that may potentially become great ETFs, including Flock, Grass, and Kaito as leading names.

ETF Explosion Of 2025

ETFs have been one of the most successful ventures of the cryptocurrency ecosystem. These ETFs have had a significant role to play in amplifying the cryptocurrency domain by making access to crypto more secure and robust.

US Spot Crypto ETF Weekly Flows (Jan 5-9, ET)

• BTC ETFs: -$681M
• ETH ETFs: -$68.57M
• SOL ETFs: +$41.08M
• XRP ETFs: +$38.07M

Source: https://t.co/u8iIu5RiZe#CryptoETF #SoSoValue pic.twitter.com/4hGsiX82Jc