Grayscale has added 36 altcoins to its "Assets Under Consideration" list for Q1 2026, signaling the asset manager's growing interest in tokenization platforms, decentralized infrastructure networks, and artificial intelligence projects as it evaluates potential future investment products.
What Happened: Q1 Watchlist Released
The investment firm published the updated watchlist approximately 15 days after the close of Q4 2025, following its standard quarterly review process.
The Q1 2026 candidates span five sectors: Smart Contract, Financials, Consumer & Culture, Artificial Intelligence, and Utilities & Services.
Smart contract platforms and financials categories contain the highest concentration of assets under review. The list represents a modest expansion from Q4 2025, which featured 32 assets.
Notable additions include Tron in the smart contracts category and ARIA Protocol in consumer and culture. ARIA Protocol tokenizes intellectual property rights as tradable crypto-based assets.
In the financials sector, Grayscale is closely watching tokens like Ethena, Jupiter, and Morpho.
The AI segment added Nous Research and Poseidon while dropping Prime Intellect, and utilities grew with the addition of DoubleZero, a decentralized physical infrastructure network.
Why It Matters: ETF Expansion Signals
Inclusion on the watchlist does not guarantee that Grayscale will create investment products for any specific asset.
The list signals active evaluation rather than commitment.
The updated roster arrives as Grayscale recently registered statutory trusts with the Delaware Division of Corporations for BNB and Hyperliquid exchange-traded funds. That procedural filing represents early groundwork for potential ETF offerings in those assets.