Grayscale Considers Adding BNB, Dogecoin and Tron to its Investment Instruments

Crypto asset manager Grayscale listed several of the top 20 cryptocurrencies by market cap, including BNB, Dogecoin and Tron, among the 39 digital assets it is considering including in its product suite, according to a Jan. 9 report.

The list is divided into five categories: Currencies, smart contract platforms, financials, consumer and culture, and utilities and services. The Utilities and Services, and Financial categories had the most entries with 15 and 10 assets, while currencies had the least with just one entry.

Grayscale’s list features the three top tokens in the fast-growing AI Agent category: Artificial Superintelligence Alliance, Virtuals Protocol, and AI16Z. These tokens have market caps of $3.4 billion, $3.1 billion, and $1.5 billion, respectively.

Grayscale has long provided institutional investors access to crypto, initially with its Bitcoin Trust (GBTC), and now with its Bitcoin ETF, which has $19.2 billion in assets under management (AUM). Without counting its Bitcoin and Ethereum ETFs, it currently has 26 crypto products, including trusts for Aave, Avalanche and Near, and diversified funds for AI and DeFi.

“As a reminder, this list is for illustrative purposes only. Not every asset under consideration will be turned into one of our investment products and Grayscale may explore additional assets other than those included in the Assets Under Consideration table for inclusion in Grayscale Products,” Grayscale wrote.