Grayscale Incorporates BONK, Hyperliquid, and 30 Additional Tokens into Its Fresh Q3 Assets Roster
Grayscale Research has released its Q3 2025 Assets Under Consideration roster, outlining the tokens under review for prospective investment products. The firm, however, offered no commentary on its selections. This compilation features 31 altcoin contenders, fewer than the last three quarterly releases. Several coins were removed or substituted, and category reclassifications further obscure a comprehensive overview.
Key Takeaways:
Hide- Grayscale’s Q3 2025 roster features 31 altcoins, down from 40 in Q2 and fewer than Q1 or Q4.
- Smart Contracts tokens fell from 12 to 7; Utilities & Services dropped from 13 to 4.
- Sixteen coins were removed, including Babylon, Berachain, Celestia, TRON, VeChain, and Helium.
- A new AI tokens category debuted, with select prior candidates moved in.
- BONK joined after a week of strong performance and continues to climb.
- Grayscale offered no specific explanations for its inclusions or cuts.
- Tokens such as MegaETH, Monad, and Prime Intellect remain uncategorized.
Grayscale’s Assets Under Consideration Roster
Grayscale, a leading Bitcoin ETF sponsor, maintains a varied suite of products alongside other strategic ventures.
Periodically, its research division publishes lists highlighting promising altcoins and sector-focused investment insights.
The newly issued Q3 2025 “Assets Under Consideration” roster delivers valuable clues.
Unlike Q2 2025’s list of 40 altcoins, this edition features just 31, marking a tighter scope than both the Q1 2025 and Q4 2024 editions.
For instance, the Smart Contracts segment shrank from 12 coins to seven, and Utilities & Services went from 13 to four. Overall, the firm trimmed a significant number of candidates to refine its watchlist.
A complete tally of dropped tokens includes Babylon, Berachain, Celestia, MOVE, TRON, VeChain, Mantra, ELIZA, Immutable, Akash, FET, Arweave, EigenLayer, GeoNet, Helium, and Sentient.
In contrast, only a handful of the prior Assets Under Consideration have advanced into Grayscale’s current offerings.
The firm also introduced a new AI tokens category, incorporating a few former candidates. Yet disruptions are limited.
BONK, for example, earned a spot after surging performance this week and continues its dramatic surge.
Ultimately, Grayscale provided no transparent rationale for these adjustments. Tokens like MegaETH, Monad, Lombard, Playtron, Prime Intellect, and Story (IP) remain in limbo, as they do not align with established categories.
While Grayscale’s Top 20 reports include detailed commentary, the raw data in Assets Under Consideration leaves its logic opaque.
