Overview
- Grayscale lifted its review list from 32 to 36 assets for Q1 2026, adding Tron, ARIA Protocol, Nous Research, Poseidon, and DoubleZero.
- Candidate assets are grouped by the firm’s Crypto Sectors framework, which spans currency, smart contracts, finance, consumer and culture, AI, and utilities.
- The updated slate emphasizes long-term structural themes such as tokenization, AI‑native systems, and decentralized infrastructure networks.
- Inclusion on the list remains procedural, with any product launches contingent on custody readiness, internal controls, and regulatory review; updates are targeted within 15 days after quarter end, with the latest effective December 31, 2025.
- Recent Delaware trust registrations tied to BNB and Hyperliquid are viewed as preparatory steps and not confirmations of forthcoming ETFs.