Grayscale announced an in-kind creation method allowing investors to submit eligible digital assets in exchange for shares in its products, BlockBeats reported on Oct. 21. Grayscale said the structure could reduce self-custody burdens, potentially lower execution costs and help fit the investments into standard portfolio management.
Ten products covered
BlockBeats said the method covered 10 products: the Avalanche staking ETF (GAVA), Bitcoin Mini Trust ETF (BTC), Chainlink Trust ETF (GLNK), Ethereum staking Mini ETF (ETH), Dogecoin Trust ETF (GDOG), Hyperliquid staking ETF (HYPG), Solana staking ETF (GSOL), Sui staking ETF (GSUI), XRP Trust ETF (GXRP) and Zcash ETF (ZCSH).
The flash does not provide a start date, eligible jurisdictions, minimum size, fees, asset-to-share conversion ratio or custody details. “Eligible” assets and the potential cost benefit therefore remain subject to the product terms.