Grayscale expands Q2 crypto watchlist as HYPE ETF filing gains steam

Grayscale has updated its list of digital assets under consideration for future investment products. 

The latest Q2 2026 list includes several large and emerging tokens, while a separate filing tied to Hyperliquid’s HYPE token has added more attention to the asset manager’s next product moves.

Grayscale said its latest Q2 2026 review covers digital assets it may include in future investment products. The company grouped the list under its crypto sector framework and said it plans to refresh the list as often as 15 days after each quarter ends.

The new watchlist includes CC, CELO, MNT, MON, TON, TRX, ENA, HYPE, JUP, KMNO, SYRUP, MORPHO and PENDLE. It also names other assets such as ROBO, FLOCK, GRASS, KAITO, KITE, VVV, VIRTUAL, WLD, GEOD, HNT, JTO, ZRO and W.

Grayscale said the list includes assets not yet held in its current product suite. It added that the list remains subject to change during the quarter as multi-asset funds reconstitute and as new single-asset products launch.

The company also named MegaETH, Nous Research and Poseidon with an asterisk. That suggests those projects remain under review but may not yet trade as standard liquid tokens in the same way as others on the list.

HYPE ETF filing adds new focus

Attention around the Grayscale update increased after reports said the firm filed with the US Securities and Exchange Commission for a spot HYPE ETF in March. The proposed fund would track Hyperliquid’s native token if regulators approve the product.

That filing places HYPE in two active discussions at the same time. It appears on Grayscale’s Q2 assets under consideration list, and it is also linked to a separate exchange-traded fund proposal.