Grayscale's Latest Disclosure: Which Crypto Assets Are on the 'Potential Investment Targets' List?
- Core View: Grayscale has released a list of assets held within its existing investment products and a candidate list for potential future inclusion, with plans for quarterly updates. This reflects its strategic commitment to expanding its crypto investment product line to meet investor demand.
- Key Elements:
- Grayscale has disclosed its existing product asset list and a "Candidate Asset List" for future products as of January 12, 2026.
- The lists are organized according to Grayscale's self-developed crypto industry classification framework, aiming to set standards for asset categorization.
- The company plans to update the candidate list as frequently as possible, within 15 days after the end of each quarter, to reflect market changes and new product developments.
- Inclusion in new products requires a complex review process, influenced by factors such as internal controls, custody, and regulations. Candidate assets are not guaranteed to be launched as products.
- There is uncertainty regarding whether shares of new products can be traded on secondary markets (e.g., OTCQX), which depends on the SEC/FINRA's classification of the underlying assets.
Original Author: Grayscale
Original Compilation: TechFlow
As a leading crypto asset management firm, introducing a diverse range of investable digital assets to investors is a key part of our mission.
Therefore, we are pleased to share this list of assets under consideration for potential inclusion in future Grayscale investment products, along with an updated list of assets currently held within our existing product family. Both lists are grouped according to our designed Grayscale Crypto Sector Classification Framework, which aims to set a standard for organizing crypto asset categories.
The "Assets Under Consideration" list details digital assets not currently held in any Grayscale investment product but identified by our team as potential candidates for future products.
The "Assets in Existing Grayscale Product Family" list details digital assets held by Grayscale products as of January 12, 2026, which may be part of either single-asset or multi-asset products.
As the crypto ecosystem expands and the Grayscale team reviews or re-evaluates additional assets, we plan to update this list as frequently as possible, within 15 days following the end of each quarter. The lists below are as of January 12, 2026, and may change intra-quarter as some multi-asset funds rebalance their compositions and as we launch new single-asset products.
*As of December 31, 2025, assets not included in the Grayscale Crypto Sector Classification.
¹ Assets may be added to the Grayscale product family without first appearing on this list, for example, if a decision is made intra-quarter to include an asset in a Grayscale product.
The process of creating products similar to our existing investment offerings is complex and multifaceted. It involves extensive review and consideration and is subject to various factors including internal controls, custody arrangements, and regulatory requirements. It is important to note that this list is for informational purposes only, and not all assets under consideration will be converted into our investment products. Grayscale may also explore other assets not listed here for inclusion in its product family. Similarly, assets may be added to the Grayscale product family without first appearing on this list.
Grayscale may seek to have shares of new products quoted on a secondary market. While shares of certain Grayscale products are approved for trading on secondary markets (e.g., OTCQX), investors in new products should not assume that such shares will receive similar approval, as the SEC and/or FINRA may have concerns regarding the status of the product's underlying digital asset under federal securities laws.
This document does not constitute an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction, nor shall it be deemed an offer, solicitation, or sale in any jurisdiction where such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. Grayscale, its affiliates, and clients may hold positions in the digital assets or securities discussed herein.
