{"id":6005,"date":"2022-01-26T13:20:10","date_gmt":"2022-01-26T13:20:10","guid":{"rendered":"http:\/\/egrowonline.com\/?p=6005"},"modified":"2022-01-26T13:20:10","modified_gmt":"2022-01-26T13:20:10","slug":"grayscale-considering-25-more-crypto-assets-for-investment-products-altcoins-bitcoin-news","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=6005","title":{"rendered":"Grayscale Considering 25 More Crypto Assets for Investment Products \u2013 Altcoins Bitcoin News"},"content":{"rendered":"


\n<\/p>\n

\n
\n<\/header>\n
\n\"Grayscale\n<\/div>\n

Grayscale, the world\u2019s largest crypto asset manager, is considering 25 more crypto assets for investment products. With the latest additions, the company\u2019s list of coins under consideration has grown to 43. \u201cThe process of creating an investment product similar to the ones we already offer is a complex, multifaceted process,\u201d said Grayscale.
<\/strong><\/p>\n

25 Crypto Assets Added to List of Coins Under Consideration for Grayscale\u2019s Investment Products<\/h2>\n

Grayscale Investments announced Monday that it has updated its list of digital assets under consideration for 2022. Grayscale currently has $30.6 billion in net assets under management.<\/p>\n

The company explained that the \u201cAssets Under Consideration\u201d list comprises \u201csome digital assets that are not currently included in a Grayscale investment product, but that have come to our attention as part of our exploration of this sector, and that our team has identified as possible candidates for inclusion in a future investment product.\u201d Grayscale detailed:<\/p>\n

\n

With our most recent update in January 2022, we\u2019ve added one additional asset to our product family column, and 25 assets to our assets under consideration column.<\/p>\n<\/blockquote>\n

\"\"<\/p>\n

Amp (AMP) is the only digital asset added to Grayscale\u2019s product family.<\/p>\n

The 25 additional assets under consideration are Algorand (ALGO), Arweave (AR), Axie Infinity (AXS), Bancor (BNT), Bittorrent (BTT), Bora (BORA), Convex (CVX), Cosmos (ATOM<\/a>), Decred (DCR), Elrond (EGLD), Enjin (ENJ), Fantom (FTM), Gala (GALA), Gelato (GEL), Helium (HNT), Holo (HOT), Iota (IOTA), Oasis Network (ROSE), Secret (SCRT), Spell (SPELL), Stacks (STX), The Sandbox (SAND), Universal Market Access (UMA), Vechain (VET), and Yield Guild Games (YGG).<\/p>\n

Grayscale added:<\/p>\n

\n

The process of creating an investment product similar to the ones we already offer is a complex, multifaceted process.<\/p>\n<\/blockquote>\n

\u201cIt requires significant review and consideration and is subject to our internal controls, custody arrangements, and regulatory considerations, among other things,\u201d the asset management firm elaborated.<\/p>\n

What do you think about Grayscale considering 43 crypto assets for investment products? Let us know in the comments section below.<\/strong><\/em><\/p>\n

\n
\n\n<\/div>\n
\n
\nKevin Helms <\/h6>\n

\nA student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

\n
\n
\n<\/a>
\n<\/span>\n<\/p>\n<\/div>\n<\/div>\n

Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

\n

Disclaimer<\/strong>: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com<\/a> does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.<\/p>\n<\/div>\n

\n