Grayscale has expanded the list of cryptocurrencies that may be included in future exchange-traded products, including trusts and ETFs. The update applies to the "Assets Under Consideration" list — a key signal for investors and the market, as inclusion often indicates a potential increase in interest and token valuation.
Who Made It to the Watchlist
New candidates include:
- Toncoin (TON),
- Arbitrum (ARB),
- Hedera (HBAR),
- Celestia (TIA),
- VeChain (VET),
- Sui (SUI), Aptos (APT),
- Babylon (BABY),
- Monad (MON),
- Movement (MOVE), and others.
Grayscale has grouped all tokens by sector, with each asset serving a distinct role — from smart contract platforms to infrastructure solutions and consumer-oriented tokens.
Smart Contract Platforms
Tokens added in this category include:
- Avalanche (AVAX),
- Solana (SOL),
- Optimism (OP),
- Polkadot (DOT),
- Near (NEAR),
- Stacks (STX),
- Tron (TRX),
- and Cardano (ADA).
These assets are considered foundational for deploying decentralized applications (DApps) and ecosystems.
Focus on DeFi and Financial Sector Tokens
Within the financial solutions segment, Grayscale highlighted protocols such as:
- Uniswap (UNI),
- Aave (AAVE),
- Maker (MKR),
- Curve (CRV),
- Ondo Finance (ONDO),
- Pendle (PENDLE),
- Ethena (ENA),
- Hyperliquid (HYPE),
- Mantra (OM),
- and Plume Network (PLUME).
Experts suggest that Grayscale’s attention to these assets may encourage greater institutional interest, particularly amid the new wave of DeFi innovations.
Infrastructure and Services in the Institutional Spotlight
The utility and service category includes:
- Filecoin (FIL),
- Chainlink (LINK),
- The Graph (GRT),
- Lido (LDO),
- Render (RENDER),
- Akash Network (AKT),
- Arweave (AR),
- Eigen Layer,
- Pyth (PYTH),
- Helium (HNT),
- Bittensor (TAO).
The list also features emerging protocols such as DeepBook, Grass, Prime Intellect, Sentient, and Space and Time. These assets contribute to scalability, data storage, and information processing — all critical for Web3 infrastructure.
Consumer Sector and Culture
Grayscale is also exploring tokens related to digital media, virtual identity, and the metaverse. This category includes:
- Dogecoin (DOGE),
- Decentraland (MANA),
- Basic Attention Token (BAT),
- Immutable (IMX),
- Aixbt,
- Eliza,
- and Story.
Why This Matters for the Market
Grayscale remains one of the largest institutional players in the crypto investment space. For many projects, inclusion means potential capital inflows, increased legitimacy, and higher demand. Although being listed does not guarantee product creation, historically such updates have been followed by increased market attention and broader portfolio inclusion.
Current and Future Grayscale Products
Grayscale’s current product lineup already includes Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Zcash (ZEC), XRP, and others. The company emphasizes that the watchlist is updated at least quarterly and may be revised intra-period in response to new fund launches.
Grayscale representatives remind investors that inclusion in the list does not mean an automatic product launch but reflects the team’s strategic interest in these assets. The decision to create an investment product depends on regulatory constraints, availability of custodial solutions, and the project's market maturity.
This post is for informational purposes only and is not an ad or investment advice. Please do your own research making any decisions.