Grayscale Eyes 35 Altcoins for Future Investment Products
15.10.2024 16:00 1 min. read Kosta Gushterov SHARE: 0 SHARES Grayscale, a major crypto asset manager, is evaluating 35 altcoins, including Dogecoin and Worldcoin, for potential future investment products. In a blog post on October 10, the firm organized these assets into five categories: Currencies, Smart Contract Platforms, Financials, Culture, and Utilities. Most of the new additions focus on smart contract platforms, such as Aptos, Sei, Celestia, and Mantle. Grayscale is also considering tokens from Arbitrum, Cosmos, Polygon, Toncoin, and Tron, as well as three Solana-based projects—Jupiter, Pyth, and Helium. Dogecoin and Immutable are being explored for the “Culture and Utilities” category, alongside existing products like Basic Attention Token and Decentraland. Grayscale currently offers 30 investment products, including 25 cryptocurrency trusts and four ETFs. This consideration of new assets comes after the launch of funds for Aave, XRP, and Avalanche. As one of the largest institutional Bitcoin holders, Grayscale manages about 222,300 BTC, valued at roughly $12.8 billion in its Grayscale Bitcoin Trust ETF (GBTC). Since transitioning GBTC to an ETF, the firm has seen significant outflows, with around $20 billion in shares sold, following the introduction of two spot Ethereum ETFs in July. SHARE: 0 SHARES More Altcoins News Is a Major Correction Looming for Trump’s Meme Coin After 300% Rally? Donald Trump’s recently launched meme coin, Official Trump (TRUMP), has taken the cryptocurrency world by storm, defying the broader market’s struggles. 19.01.2025 8:00 2 min. read Alexander Zdravkov Solana Hits New All-Time High After Donald Trump’s Memecoin Launch Solana (SOL), one of the leading cryptocurrencies globally, has reached a new all-time high, driven by unexpected developments that caught the market’s attention. 18.01.2025 18:40 1 min. read Kosta Gushterov Binance Announced The Listing of Trump’s New Meme Coin on its Platform In a surprise announcement, Binance has confirmed the listing of Donald Trump’s new meme coin, Official Trump (TRUMP), on its futures platform. 18.01.2025 13:05 1 min. read Kosta Gushterov Gary Gensler Challenges Ripple Ruling in Final SEC Filing As his term concludes, outgoing SEC Chairman Gary Gensler has filed an appeal against the Ripple XRP ruling, arguing that the earlier decision by Judge Analisa Torres misinterpreted securities law. 18.01.2025 13:00 2 min. read Alexander Zdravkov QR for the Bitcoin/Ethereum Address: QR for the Bitcoin/Ethereum Address: