On 23 December, Grayscale announced that it has opened 22 cryptocurrency trust products for private subscription to qualified investors, including mainstream tokens such as AAVE, AVAX, LINK, SOL, and XRP, as well as fund products in niche tracks such as DeFi and AI. Investors can subscribe on a net asset value (NAV) basis.
The open products cover thematic funds such as Grayscale Decentralised AI Fund (Decentralised AI Fund) and Grayscale Decentralised Finance Fund (DeFi Fund), as well as emerging protocols such as Bittensor, Lido DAO, Optimism and other Single Asset Trusts.