Grayscale launches in-kind ETF creation service, covering 10 products including Bitcoin, Ethereum, and Hyperliquid.

October 21 - Grayscale announced the launch of in-kind subscriptions, allowing investors to directly submit eligible digital assets in exchange for shares of corresponding Grayscale investment products. Grayscale stated that this method can reduce self-custody burdens, potentially lower transaction execution costs, and facilitate the inclusion of related investments into regular portfolio management.

Currently, in-kind subscriptions cover 10 products, including 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).