Grayscale opens in-kind investing across 10 crypto ETPs

Grayscale now accepts crypto itself, not just dollars, in exchange for shares of ten of its exchange-traded products. The asset manager has switched on in-kind investing across those funds. Eligible digital assets can go in, and fund shares come out, without first passing through cash. What Grayscale actually changed The rollout took effect on October 21, 2026, according to the research findings on Grayscale’s announcement. It covers ten ETP and ETF products in the firm’s lineup. Grayscale frames the change as letting investors exchange eligible digital assets for shares. The mechanics run mainly through authorized participants, the large trading firms that create and redeem ETF shares in bulk. With in-kind creation, an authorized participant can hand the fund the underlying crypto and receive shares in return. Redemptions can work the same way in reverse. The fund no longer has to buy or sell the asset on the open market every time shares are created or retired. The named products include: Grayscale Bitcoin Mini Trust ETF ($BTC), the firm’s lower-cost Bitcoin vehicle. Grayscale Dogecoin Trust ETF ($GDOG), proof that the meme coin has a seat at the institutional table. Grayscale Av...