Grayscale Reveals List of 40 Altcoins For Q2 “Assets Under Consideration”

Grayscale, a leading digital asset manager, has revealed the latest update to its “Assets Under Consideration” list for the second quarter of 2025.

The list includes a diverse array of altcoins that could likely shape the firm’s future offerings.

Grayscale Removes Kaspa and Other Key Altcoins in Q2 2025 Update

In this latest iteration, Grayscale’s “Assets Under Consideration” list features 40 altcoins. The update indeed marks a significant overhaul of the firm’s January 2025 list, which had 39 assets. Previously, 35 assets were included in the October 2024 version.

“We’re excited to share this list of assets under consideration for inclusion in future Grayscale investment products,” the blog read.

One of the most notable changes is the removal of Kaspa from the list’s currencies section. Notably, this update does not include any assets in this category.

Additionally, Grayscale has excluded Sei, Sonic, and Starknet from the smart contract platforms category. The financials sector also saw some changes, with the asset manager dropping THORChain and Injective Protocol from the list.

The Consumer and Culture category has also seen removals of Ai16z and Virtuals Protocol. Lastly, Grayscale has eliminated Flock.io, Hyperbolic, and Worldcoin from the Utilities and Services category. This reduction hints at the firm’s recalibration of what it considers to be foundational utilities in the changing crypto sector.

New Asset Additions for Q2 2025

Meanwhile, these removals have paved the way for the addition of several assets, including VeChain. It is now incorporated into the smart contract platforms category, signaling a growing interest in the project’s potential. Moreover, Plume Network was spotted in Financials and Aixbt by Virtuals in Consumer and Culture.

Previously, Grayscale’s Q2 2025 Top 20 list highlighted Maple Finance, Geodnet, and Story for their strong growth potential. IP, which was previously listed under Utilities and Services, has now been moved to the Consumer and Culture category. Meanwhile, SYRUP has been added to the Financials category, and GEOD has joined Utilities and Services.

Grayscale’s Q2 2025 update also introduces several assets that have yet to be classified under the Grayscale crypto sectors framework. Among these new additions are Babylon, Berachain, Monad, Movement, Lombard, Mantra, Eliza, DeepBook, and Walrus. Prime Intellect, Sentient, Space, and Time, which were featured in the last list, are also included.

“We aim to update this list as frequently as 15 days after quarter-end as the crypto ecosystem expands and the Grayscale team reviews or reevaluates additional assets. The list below is as of April 10, 2025, and is subject to change intra-quarter as some multi-asset funds reconstitute and we launch new single-asset products,” Grayscale noted.

Furthermore, two assets that previously appeared on the list, Pyth Network (PYTH) and Dogecoin (DOGE), have now joined Grayscale’s product suite. On January 31, the asset manager launched the Grayscale Dogecoin Trust.

Shortly after, on February 18, Grayscale introduced its Pyth Trust. Thus, the market now watches closely to see which of the listed assets will transition from consideration to reality.