grayscale38

what's grayscale?

Grayscale Investments is a leading digital asset management firm founded in 2013, specializing in providing institutional and accredited investors with exposure to cryptocurrencies through regulated investment products such as trusts and exchange-traded products (ETPs). The company's flagship product, the Grayscale Bitcoin Trust (GBTC), was one of the first publicly traded Bitcoin investment vehicles and has paved the way for similar offerings in assets like Ethereum, Solana, XRP, and emerging tokens such as Bittensor (TAO). Grayscale's purpose is to bridge traditional finance and the crypto ecosystem by offering secure, compliant ways to invest in digital assets without direct ownership of the underlying cryptocurrencies. Key features include SEC filings for enhanced transparency, such as recent Form 10 submissions for the Bittensor Trust to become an SEC reporting company, amended S-1/A for the XRP Trust (ticker: GXRP), and pioneering launches of U.S. spot crypto ETPs with staking capabilities for Ethereum (ETHE and ETH) and Solana (GSOL) products. With over $35 billion in assets under management, Grayscale continues to innovate by seeking ETF conversions and integrating yield-generating mechanisms like staking to attract more mainstream investors.

Snapshot

Grayscale considers 30+ crypto assets like BNB, HYPE, BONK, KAITO for future investment products.

20H ago
FINANCIAL EVENT

Has 30+ crypto assets under consideration for future investment products, including BNB, HYPE, BONK, and KAITO.

4D ago
REGULATORY

Registered a BNB exchange-traded fund entity in Delaware, indicating a potential formal SEC filing in the near term.

6D ago
REGULATORY

Filed S-1 registration with the SEC for an Ethereum Trust by Morgan Stanley on January 7, 2026.

1W ago
WHALE ACTIVITY

Experienced net outflow of $32.7 million from Bitcoin ETF on January 6, 2026.

FINANCIAL EVENT

Distributed the first-ever staking rewards for a US spot ETP, paying Ethereum ETF shareholders approximately $0.08 per share in cash from rewards earned between October 6 and December 31, 2025.

ONCHAIN METRICS

Recorded daily net inflow of $17.9 million into the Bitcoin ETF on January 5, 2026.

MARKET ACTIVITY

Recorded $6.4 million in daily inflows to its Bitcoin ETF on January 2, 2026.

VISIBILITY EVENT

Hosts a webinar on January 5, 2026 at 4:00 PM ET featuring Head of Research Zach Pandl and Head of Wealth Management Platforms Brooke Stoddard discussing crypto markets, macro outlook, and digital assets industry trends for financial professionals.

2W ago
MARKET ACTIVITY

Experienced a net outflow of $13 million from its Spot Ether ETF during the week ending December 29, 2025.

ONCHAIN METRICS

Crypto ETP products have received $87 billion in inflows since January 2024.

3W ago
WHALE ACTIVITY

Experienced a net outflow of $25.4 million from its Bitcoin ETF on December 22, 2025.

ONCHAIN METRICS

Holds approximately $1.3 billion in assets under management as of December 2025.

MARKET ACTIVITY

Recorded zero net flow in BTC Bitcoin ETF on December 19, 2025.

OPINION SPECULATION

Released a 2025 outlook identifying 10 investment themes for digital assets in 2026, including dollar debasement risk, regulatory clarity, stablecoin growth via GENIUS Act, asset tokenization, privacy solutions, AI-blockchain integration, DeFi acceleration, next-generation infrastructure, sustainable revenue focus, and default staking for investors.

OPINION SPECULATION

Predicts DeFi perpetual platforms like Hyperliquid will post open interest and daily volumes comparable to major centralized exchanges in 2026.

1M ago

GBTC records $27.51 million outflow on December 15, while Grayscale Mini Bitcoin ETF has zero flow.

New Grayscale research report states Bitcoin's 4-year cycle no longer applies due to ETPs and DATs reshaping market structure, with expectations for new highs in 2026.

The trust drops 10% today while underlying Zcash rises.

Grayscale launches XRP ETF, with custodial services provided by Coinbase, Anchorage Digital Bank, and BitGo.

Grayscale Ethereum ETF (ETHE) experiences $31.22 million outflow and Grayscale Ethereum mini ETF experiences $10.03 million outflow on December 11.

Grayscale Bitcoin ETF records daily outflow of $11 million USD.

Grayscale Bittensor TAO Trust begins trading on OTCQX under ticker GTAO.

Grayscale Bitcoin ETF records daily inflow of $33.8 million USD.

The Grayscale LINK ETF accumulates $70M in assets under management within one week of launch.

Grayscale publishes research stating Bitcoin no longer strictly follows the historic 4-year halving cycle based on recent market behavior.

December 12 is the deadline for the decision on the VanEck and Grayscale AVAX ETF. Grayscale is ready to launch the SUI ETF.

Grayscale CoinDesk Crypto 5 ETF (GDLC) completes conversion to ETF format and provides U.S. retail access in 2025.

Grayscale files an amendment to their Sui Trust Spot ETF S-1 application with the SEC.

Grayscale publishes a research report on Bittensor highlighting Chutes and Ridges' product/market fit and mentioning Stillcore Capital.

A private banking loophole in the $64M Grayscale Chainlink ETF debut threatens to sever the connection between Chainlink usage and price.

Grayscale decentralized AI fund includes $TAO (Bittensor).

Grayscale stakes over 70% of its $4.7B ETH ETF holdings following SEC rule changes, while BlackRock files for its own staked ETH ETF.

BlackRock, Fidelity, Grayscale and other ETFs purchase $138.96 million worth of Ethereum.

The Chainlink spot ETF achieves $13m trading volume and $41m inflows on Day 1, with Day 2 tracking similar volume levels.

GDLC becomes available on Vanguard Group, adding a major distribution channel for the ETF.

On 12/2, Grayscale's Ethereum ETF (ETHE) records zero net flow while Grayscale mini Ethereum ETF receives $28.11 million in inflows.

Day 1 metrics show GLINK records higher inflows, volumes, and float percentage than XRP and SOL ETF competitors when adjusted for market cap.

Winklevoss entity purchased 1.5% of ZEC supply at approximately $280 average price with a stated goal of acquiring 5% of total supply; ZEC is up 525% over 6 months with shielded pool increasing during recent market dip.

GLNK debuts on NYSE Arca with $LINK jumping 8% on launch day, marking the first US ETF tied to Chainlink despite the token remaining down 39% year-to-date.

Grayscale products are now live on Vanguard Group platform.

Grayscale research team predicts Bitcoin will reach new highs in 2026, dismissing traditional four-year halving cycle theory due to institutional money flowing into ETFs rather than retail exchanges.

Bank of America will begin CIO coverage of Grayscale's Mini Trust starting January 5, 2026, as one of four bitcoin ETFs recommended for 1-4% crypto allocation, enabling 15,000+ advisers to include it in client portfolios.

Grayscale Ethereum ETFs experience combined outflows of $70.07 million on December 1st, with ETHE losing $49.79 million and the mini ETH fund losing $20.28 million.

GLNK Chainlink Trust ETF now trading with 0% fees and tracks spot LINK price plus staking rewards returns. Grayscale sold 8,193 BTC in recent market activity.

Chainlink ETF launches December 2 on NYSE under ticker GLNK, with AVAX ETF decision deadline on December 12.

Chainlink ETF launches this week as the first spot LINK ETF, converting from private trust to ETF format after SEC filing approval.

Grayscale states Chainlink's technology is becoming core to Real World Assets (RWA).

Grayscale's GSOL Solana ETF records $10.42M inflows during SOL ETFs' first negative day since launch. XRP ETFs reach $643M cumulative inflows.

Files for the first U.S. spot Zcash (ZEC) ETF.

Grayscale files Form S-3 with SEC for Zcash ETF.

Dogecoin Trust ETF (GDOG) records $1.4M in day one trading volume.

Grayscale plans to launch the first U.S. spot Chainlink ETF ($GLINK) on December 2, according to ETF analyst JSeyff.

Grayscale's XRP ETF pulls in $67.4M on debut day, contributing to total XRP ETF inflows of $164M that exceed BTC (-$151M), ETH (+$97M), and SOL (+$58M) flows.

Dogecoin Trust trades under ticker GDOG on NYSE Arca. Franklin Templeton launches competing XRP ETF on NYSE Arca, joining Canary Capital and REX Shares in offering regulated XRP exposure.

Chainlink ETF with ticker GLNK launches on NYSE December 2, 2025, based on November 12 S-1 filing amendment utilizing Section 8(a) automatic effectiveness provision.

$GXRP ETF begins trading with 0% fees from Grayscale and is available in brokerage accounts today.

Chainlink ETF expected to launch next week following DOGE and XRP ETF approvals, with first-day DOGE ETF volume projected at $11M.

$GXRP starts trading tomorrow on NYSE Arca.

NYSE approves Dogecoin and XRP spot ETFs for listing on Monday, with NYSE Arca certifying both products on Friday.

Bitcoin Mini Trust records net inflows of 1,505 BTC bringing total holdings to 46,978 BTC, while Ethereum Mini Trust adds 20,011 ETH reaching 699,753 ETH in total holdings.

Grayscale publishes new report identifying Chainlink as the most central project for making tokenization a reality.

XRP spot ETF and Dogecoin ETF set to go live on Monday, November 24th.

XRP Trust ETF with ticker $GXRP is coming.

Grayscale's Solana ETF (GSOL) reports $541 million in inflows, featuring 0.15% fee and on-chain staking, converted from existing Solana Trust and listed on NYSE Arca.

ThemesETFs files for a 2x leveraged Grayscale ETF product immediately following the IPO filing.

IPO filing reveals ticker symbol GRAY, $35 billion in assets under management, and targets $365 billion market on NYSE.

The Bitcoin Mini Trust ETF product experiences record outflows, the largest ever by 2x.

2M ago

Grayscale files for IPO and seeks NYSE listing in the United States.

Emory University increased its Grayscale Bitcoin Mini Trust ETF position by 91% to $51.8M as of September 30.

Grayscale launches first staking ETPs, marking entry into staking-enabled exchange-traded products.

Options trading launches for the Solana Trust ETF ($GSOL) on November 11, 2025.

Grayscale adds $IP tokens to its AI Fund, providing institutional access to programmable IP assets for the first time.

Grayscale releases GDLC multi-asset ETP, described as the first multi-asset ETP in the United States, powered by CoinDesk Indices.

TAO (Bittensor) is Grayscale's largest AI-related holding.

Grayscale hosts a popup event featuring Solana in New York City.

Grayscale sets fees for XRP and DOGE ETFs despite shutdown.

Grayscale Zcash trust is up 2200%.

On November 7th, Grayscale's ETHE records zero net flow while Grayscale Mini Ethereum ETF sees $11.42 million in net outflows.

The trust posts a 54% weekly gain, ranking as the top performer among crypto equities. (ID: 1986904144431444282)

Grayscale's ZEC trust holds $137M+ in assets under management.

TAOSynergies Inc. (NASDAQ: TAOX) announces $375k investment in Large Cap Fund as part of $750k total allocation to Yuma Group Management's Bittensor subnet funds.

Grayscale is 20% below spot price.

Solana spot ETF launches with over $200M in net inflows and $420M including seed capital.

Greyscale accused of re-hypothecating user funds with DeFi ponzinomics, grouped alongside failed entities including 3AC, Celsius, Genesis, BlockFi, and Luna.

Grayscale increases stakes in Bittensor and launches TAO ETFs.

On November 5th, GBTC records zero net flow while Grayscale Mini Bitcoin ETF sees $21.61 million in inflows.

Grayscale drops $GSOL sponsor fee to 0% (from 2.5%) for up to 3 months or until $1B AUM, stakes 100% of SOL at 7.23% rewards rate with current $102M AUM.

Grayscale disclosed ETF fees of 0.35% for XRP and DOGE ETF products.

The trust closed at a 10% premium to Zcash spot price.

Grayscale HBAR ETF has a regulatory deadline on November 12th, following Canary Capital's spot ETF approval.

Event scheduled for Friday, November 7 in Flatiron, NYC featuring top protocols.

Grayscale's Spot Ether ETF records $34 million inflow during Week 43 of Year 2, with total net flow across all Spot Ether ETFs at $14.8 million on $10 billion volume.

Grayscale's Ethereum ETF records $109 million in outflows for October 2025, while BlackRock's ETHA sees $725 million in inflows during the same period.

Grayscale moved 500 BTC in a recent transaction.

Grayscale Solana Trust ETF conversion now available for trading on Robinhood App.

Grayscale files for a Hyperliquid (HYPE) ETF with the SEC alongside 21Shares and Bitwise amid surge in new crypto fund launches.