Grayscale Opens 10 Crypto ETFs to Investors, But There's a Catch

Grayscale said on Oct. 21, 2026, that eligible investors can exchange Bitcoin, Solana, XRP and other digital assets directly for shares in ten of its investment products, eliminating the usual cash-conversion step. The in-kind route requires an authorized participant or connected intermediary and carries facilitator fees; investors also face minimums, including about $364,800 for the Bitcoin Mini Trust ETF, roughly $80,300 for the Solana Staking ETF and about $257,000 for XRP, based on Oct. 20 prices. The products also cover Ethereum, Avalanche, Chainlink, Hyperliquid, Sui, Zcash and Dogecoin. The arrangement may create taxable events, execution delays or slippage, ETF share prices that diverge from underlying holdings, and the absence of Investment Company Act of 1940 protections.