Grayscale's ETF are adding six new coins:
๐ Hyperliquid (HYPE): A Layer 1 blockchain supporting decentralized finance, including perpetual futures with an on-chain order book.
๐ Ethena (ENA): A stablecoin protocol, USDe, backed by Bitcoin and Ether positions, offering profits from spot and futures price differences.
๐ Virtuals Protocol (VIRTUAL): A platform for creating tokenized AI agents on Base.
๐ Jupiter (JUP): The leading DEX aggregator on Solana, benefiting from retail activity.
๐ Jito (JTO): A liquid staking protocol on Solana, generating significant fee revenue.
๐ Grass (GRASS): A decentralized network where users share bandwidth for web scraping and compensation.
โ๏ธ They are selling TON, Near, Stacks, Maker (Sky), UMA Protocol, and Celo, but these assets remain valuable.
All assets are high-risk so DYOR
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