Grayscale Expands In-Kind Subscriptions for Crypto Asset Products, Covering BTC, ETH, SOL and More

October 21 — Grayscale announced the expansion of its in-kind investing service, allowing eligible investors to directly deliver the corresponding digital assets in exchange for shares of Grayscale products, without first selling digital assets for fiat currency and then subscribing with cash.

The mechanism currently covers 10 products, including the Bitcoin Mini Trust ETF (BTC), Ethereum Staking Mini ETF (ETH), Avalanche Staking ETF (GAVA), Chainlink Trust ETF (GLNK), Dogecoin Trust ETF (GDOG), Hyperliquid Staking ETF (HYPG), Solana Staking ETF (GSOL), Sui Staking ETF (GSUI), XRP Trust ETF (GXRP), and Zcash ETF (ZCSH). This expansion further opens up the conversion channel between digital assets and traditional investment products, providing eligible investors with more options for asset allocation and trade execution.