Jan 11, 2025 03:35
Grayscale considers a staggering 39 assets, including Dogecoin, for inclusion in future investment products across several sectors.Increasing institutional demand for crypto has meant big business for crypto asset managers. Moreover, many expect this institutional interest to grow under anticipated favorable regulations with the incoming Donald Trump administration.Amid the anticipated business boom, leading crypto asset manager Grayscale has rapidly expanded its offerings and appears to have no plans to slow down.In the latest instance, the firm has unveiled a batch of assets it is considering for future investment products.Grayscale Unveils 39-Asset Long Consideration ListGrayscale is considering a staggering 39 assets for inclusion in future investment products across several sectors. The firm disclosed this in a blog post on Thursday, January 9.The list of assets under consideration include recognized names like Worldcoin (WLD), Helium (HNT), Hedera Hashgraph (HBAR), Toncoin (TON), Dogecoin (DOGE), Pendle (PENDLE), Ondo Finance (ONDO), Tron (TRX), Binance Coin (BNB), Celestia (TIA), and Sei (SEI), among others.The recent list is largely composed of assets the fund manager outlined in its top 20 picks for Q1 2025. Still, the sheer size of the list may reflect Grayscale's optimism around institutional crypto adoption this year. While Grayscale is unlikely to add support for all these assets at once, if it did, it would more than double the number of assets currently supported by its funds. For context, the asset manager already boasts support for thirty crypto assets.Meanwhile, the firm noted that it intended to update the list 15 days after the end of every quarter.According to Arkham Intelligence data, Grayscale's assets under management total $29.3 billion at the time of this writing.
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