Grayscale has released an updated list of digital assets it’s monitoring for potential future investment products, signaling broader institutional attention beyond $BTC .
The watchlist spans multiple sectors across the crypto stack — Layer 1s, Layer 2s, DeFi, infrastructure, memecoins, and experimental protocols.

Notable names include:
APT, ARB, CELO, MNT, MON, DOT, TON, TRX, ENA, HYPE, JUP, PENDLE, BONK, WLD, ZRO, W — among others.
This isn’t a shortlist for immediate products.
It’s better viewed as a sector-wide radar — mapping where institutional research and optionality are expanding.
When firms like Grayscale widen their scope, it usually reflects growing comfort with diversification, not an imminent allocation shift.
Watchlists don’t move markets.
Flows do.
But watchlists often signal where future flows may eventually go.
