Grayscale, a leading digital asset manager, has revealed the latest update to its “assets under consideration” list for the second quarter of 2025.
This list includes an array of diverse altcoins that could shape the company’s future products.
Grayscale removes caspa and other key altcoins in Q2 2025 update
In this latest iteration, Grayscale’s “assets under consideration” list includes 40 Altcoins. This update actually shows a major overhaul of the January 2025 list with 39 assets. Previously, 35 assets were included in the October 2024 version.
“We look forward to sharing this list of assets with consideration in mind for inclusion in future grayscale investment products,” the blog read.
Arbitrum (ARB)
Babylon*
Bella Chine (Bella)*
Celestia (Tia)
hedera Hashgraph (hbar)
Mantle (MNT)
Monad*
Movement (Movement)*
Toncoin (Ton)
Tron (TRX)
Vechain
Financials Aerodrome
Binance Coin (BNB)
Esena (Ena)
High lipids (hype)
Jupiter (jup)
Lombard*
Mantra (OM)*
Maple (syrup)*
Ondo Finance (Ondo)
Pendle (Pendle)
Plume Network (Plume)
Consumer & CultureAxbt (AIXBT) by Virtuals
Eliza*
Immutable (IMX)
Story (IP)
Utilities & Services Akash Network (Akt)
Artificial Supervisor Alliance (FET)
arweave (ar)
Deep Book (Deep)*
Radial Protein (radial Protein)
geodnet (geod)
Grass (Grass)*
Helium (hnt)
Jito (JTO)
Prime Intelligence*
Sensitive*
Space and time*
Walrus (wal)*
One of the most notable changes is removing Kaspa from the currency section of the list. In particular, this update does not include assets in this category.
Additionally, Grayscale excludes SEI, Sonic, and StarkNet from the Smart Contract Platform category. Several changes have also been seen in the financial sector, with asset managers removing Torcaine and injection protocols from the list.
The consumer and culture categories also saw the removal of AI16Z and virtual protocols. Finally, Grayscale excluded Flock.io, hyperbolicity, and Worldcoin from the utility and services categories. This reduction suggests a recalibration of what companies consider to be the fundamental utility of the changing crypto sector.
Adding new assets for the second quarter of 2025
Meanwhile, these removals pave the way for adding some assets, including Vechain. It is currently incorporated into the Smart Contract Platform category, and interest is growing in the project’s potential. Furthermore, the Plume network was discovered in finance and AIXBT by consumer and culture virtualization.
Previously, Grayscale’s quarter’s top 20 list highlighted the potential for strong growth in maple finance, geodonet and storylines. IPs previously listed under Utilities and Services are now migrated to the Consumer and Culture category. Meanwhile, syrup was added to the financial category, and Geod joined utilities and services.
Grayscale’s Q2 2025 update also introduces several assets that are not yet classified under the Grayscale Crypto Sectors framework. Among these new additions are Babylon, Bellachin, Monad, Movement, Lombard, Mantra, Eliza, Deepbook, and Walrus. It also includes the major intelligence, senses, space and time that were featured on the last list.
“We aim to update this list frequently at a frequency 15 days after the quarter end as the crypto ecosystem grows and as the grayscale team reviews or reevaluates additional assets. The list below may be changed by a quarter as of April 10, 2025, to ensure that some multi-asset funds have been restructured and not launching new single-asset products.
Additionally, two previously listed assets, Pyth Network (Pyth) and Dogecoin (Doge), are participating in Grayscale’s suite of products. On January 31st, Asset Manager launched the Grayscale Dogecoin Trust.
Soon, February 18th, Grayscale It was introduced That Pyth Trust. Therefore, the market is currently closely monitoring to see which assets move from consideration to reality.
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