Q1 Grayscale Launches 'Consideration List' with 36 Altcoins, Considers Them for Potential Investment Products

Grayscale has updated its 'Assets Under Consideration' list for the first quarter of 2026. The firm added 36 altcoins to its watchlist, which are under active evaluation for potential inclusion in its future investment products according to the company's update. This update follows the firm's quarterly review process, with adjustments made to the list just 15 days after the end of the previous quarter. The new altcoins span five sectors, including smart contracts and financials as reported.

Smart contract platforms and financials lead the list with the highest number of assets. Among the additions is Tron (TRX) in the smart contracts category. The consumer and culture sector gained the ARIA Protocol (ARIAIP), which tokenizes intellectual property rights. In the AI category, Nous Research and Poseidon were added, while Prime Intellect was removed according to the list.

Grayscale's latest list shows a modest refresh compared to Q4 2025, which featured 32 assets. The firm has made a handful of additions and one removal across categories. Utilities and services also expanded slightly, adding DoubleZero (2Z), a DePIN that provides network infrastructure for blockchains as detailed.

Why Did This Happen?

Grayscale's inclusion of these altcoins indicates a continued interest in emerging crypto trends like tokenization and decentralized infrastructure. The firm has positioned itself as a leader in the digital asset space by evaluating a wide range of projects that align with broader industry developments according to the analysis.

The move also aligns with Grayscale's strategic expansion into multi-asset offerings. The firm has registered statutory trusts for potential BNB and HYPE ETFs, signaling early groundwork for new products. This shows that the firm is not only evaluating altcoins for inclusion in its funds but is also exploring new product lines as reported.

How Did Markets React?

Markets have shown mixed responses to the news. While some analysts see this as a positive sign for the altcoin market, others are cautious about the inclusion criteria and the potential impact on Grayscale's existing products. The firm's updated list comes amid broader market uncertainty, with spot Bitcoin ETFs experiencing outflows as investors reposition according to market data.

The updated list may also influence the performance of the altcoins included. Being listed by Grayscale can often lead to increased visibility and demand, particularly for smaller projects that are not yet widely recognized by institutional investors as noted.

What Are Analysts Watching Next?

Analysts are closely monitoring the firm's next moves, especially regarding the potential launch of the BNB and HYPE ETFs. The SEC has delayed decisions on several other crypto ETFs, which has created a cautious environment for new product launches according to regulatory reports.

Grayscale has also filed to launch standardized options on its CoinDesk Crypto 5 ETF, which tracks five large-cap digital assets. The proposal is currently under public comment, and if approved, it could expand the derivatives ecosystem in crypto as reported.

Investors are also watching how the market will react to Grayscale's continued expansion into multi-asset strategies. The firm's rebalancing of its multi-asset funds for Q4 2025 showed a shift in allocations, with significant changes in the DeFi and AI sectors according to the company's announcement.

The firm's latest list of potential investible assets suggests that Grayscale is adapting to the evolving crypto landscape by incorporating innovative technologies and services into its offerings. This could lead to increased demand for these altcoins and potentially influence broader market trends according to the report.