- Grayscale is considering 35 altcoins for inclusion in future investment products, categorized into five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.
- The list includes new entrants like Optimism (OP), Sui (SUI), Helium (HNT), and others, reflecting Grayscale’s focus on areas like AI, DeFi, and prediction markets.
- Grayscale recently launched the Grayscale SUI Trust, and SUI has surged by nearly 300% since August, hitting a new high of $23.6 in October.
Grayscale Investments has revealed 35 altcoins it is considering for future investment products. The digital asset manager categorizes the altcoins into five groups: Currencies, Smart Contract Platforms, Financials, Consumer & Culture, and Utilities & Services.
Altcoins Under Consideration
According to Grayscale, the “Assets Under Consideration” list includes digital assets not currently included in a Grayscale product but identified as possible candidates for inclusion. The list is updated each quarter based on re-evaluation of the projects.
The current altcoins under consideration are:
Currencies: Kaspa (KAS)
Smart Contract Platforms: Aptos (APT), Arbitrum (ARB), Celestia (TIA), Celo (CELO), Core (CORE), Cosmos (ATOM), Internet Computer (ICP), Mantle (MNT), Metis (METIS), Neon (NEON), Optimism (OP), Polygon (POL ex MATIC), Sei (SEI), Starknet (STRK), Toncoin (TON), TRON (TRX)
Financials: Aerodrome (AERO), Ethena (ENA), Injective Protocol (INJ), Jupiter (JUP), Mantra (OM), Ondo Finance (ONDO), Pendle (PENDLE), THORChain (RUNE)
Consumer & Culture: Dogecoin (DOGE), Immutable (IMX)
Utilities & Services: Akash (AKT), Arweave (AR), Artificial Superintelligence Alliance (FET), Helium (HNT), Pyth (PYTH), UMA Project (UMA), VeChain (VET), Worldcoin (WLD)
Recent Additions
Some notable recent additions to the list include Optimism (OP), Sui (SUI), Bittensor (TAO), Celo (CELO), UMA Protocol (UMA), and Helium (HNT). These reflect Grayscale’s focus on areas like AI, DeFi, and prediction markets.
For example, Grayscale launched a trust for Sui in August. Since then, the altcoin has surged around 300%, hitting new highs in October.
Grayscale’s Influence
With over $20 billion in assets under management, Grayscale is influential in the crypto investment community. The assets it considers often become reference points for investors building portfolios.
The manager’s consideration of these 35 altcoins provides insight into where institutional investment may flow next. The list is likely to evolve each quarter as Grayscale re-evaluates the evolving crypto landscape.
