Grayscale Reveals 35 Altcoins Under Consideration for Investment Product

Grayscale has recently unveiled a list of altcoins that may soon become part of the company’s investment products.

The investment community often views Grayscale’s candidates as a reference point for building their portfolios.

Grayscale’s Potential Candidates for Q4

According to an official announcement , Grayscale is reviewing 35 altcoins for possible inclusion in its future investment products. These altcoins are categorized into five groups: Currencies, Smart Contract Platforms, Financials, Consumer Culture, and Utilities Services.

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“Assets Under Consideration lists digital assets not currently included in a Grayscale investment product but identified by our team as possible candidates for inclusion in a future product,” Grayscale explained.

Additionally, Grayscale noted that this list could change each quarter depending on the re-evaluation of these projects.

Recently, Grayscale also revealed a list of 20 altcoins with high potential for Q4 2024. This list includes six new names compared to Q3, such as Optimism (OP) , Sui (SUI), Bittensor (TAO), Celo (CELO), UMA Protocol (UMA), and Helium (HNT). The addition of these new names reflects Grayscale’s focus on areas like AI, DePin, and the prediction markets .

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The asset manager launched Grayscale SUI Trust in August. This altcoin has surged by nearly 300% since then, increasing by 46% in October, and recently hit a new high of $2.36.

Founded in 2013, Grayscale Investments currently manages over $20 billion worth of digital assets.