tl;dr
Grayscale is considering adding 39 altcoins to its investment products, with cryptocurrencies falling under five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services. Notably, some altcoins from the previous list remain, hinting at the complexities o...
Grayscale considering adding 39 altcoins to investment products
Grayscale is considering adding 39 altcoins to its investment products, with cryptocurrencies falling under five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services. Notably, some altcoins from the previous list remain, hinting at the complexities of making it onto Grayscale's list. Assets marked with an asterisk were added after December 31. Grayscale's updated list reflects a special interest in AI, RWA, and DePin, and includes tokens linked to centralized and decentralized exchanges. The announcement did not notably impact the prices of the 39 altcoins, amidst a market experiencing continuous liquidations.
Grayscale Reveals Potential Candidates for Q1 2025
In an official statement, Grayscale said that it is considering adding 39 altcoins to its growing suite of investible digital assets. Based on the list, and as has been done in the past, the 39 altcoins fall under five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.
Grayscale Crypto SectorAssets Under Consideration
Currencies
Kaspa (KAS)
Smart Contract Platforms
Aptos (APT ), Arbitrum (ARB), Celestia (TIA), Hedera Hashgraph (HBAR), Mantle (MNT), Sei (SEI), Sonic (S) Starknet (STRK), Toncoin (TON), TRON (TRX )
Financials
Aerodrome (AERO), Binance Coin (BNB), Ethena (ENA), Hyperliquid (HYPE)* Injective Protocol (INJ), Jupiter (JUP), Ondo Finance (ONDO), Pendle (PENDLE), THORChain (RUNE)
Consumer & Culture
Ai16z (AI16Z)* Dogecoin (DOGE), Immutable (IMX ), Virtuals Protocol (VIRTUAL)*
Utilities & Services
Akash Network (AKT), Artificial Superintelligence Alliance (FET), Arweave (AR), Eigen Layer (EIGEN), FLock.io (FLOCK)*, Grass (GRASS)*, Helium (HNT), Hyperbolic*, Jito (JTO), Prime Intellect*, Pyth (PYTH), Sentient*, Space and Time*, Story Protocol*, and Worldcoin (WLD)
Grayscale List of Potential Investible Assets
Notably, this is not the first time Grayscale has added altcoins to its investment suite. In a similar move, the investment manager added 35 altcoins to its investment catalog in mid-October. Some altcoins that were on the previous list of consideration remain in the latest one, while others have been removed, reflecting the complexities that come with making it to Grayscale’s list of investible projects.
Assets or projects marked with an asterisk (*) were added to the list only after December 31. Meanwhile, this updated list shows that Grayscale is paying attention to RWA, DePin, and AI, with a special interest in AI agent tokens. Grayscale's announcement did not have a notable impact on any of the 39 altcoins’ prices, amidst a market experiencing continuous liquidations over the past week, with a brief upside noted today.