A breakdown of Grayscale’s current crypto asset holdings puts the total at approximately $20 billion.

• BTC: approximately $15.4 billion (≈72%)
• ETH: approximately $3.9 billion (≈19%)
• ZEC: approximately $630 million (≈3%)
• Others (SOL, HYPE, LINK, XRP, etc.): approximately 6% combined

Grayscale’s asset selection strategy is clear: prioritize assets with large market caps, strong liquidity, compliant custody options, and robust institutional demand.

- BTC: Digital gold, with the strongest liquidity and the top choice for institutional investors—it is the undisputed core holding.
- ETH: The leading smart contract platform, with the most complete ecosystem, staking support, and steady demand.
- ZEC: A representative asset in the privacy sector, with a dedicated product (ZCSH) to meet specific needs.
- SOL / HYPE / LINK / XRP: Covering high-performance blockchains, DeFi derivatives, oracle infrastructure, and cross-border payments, respectively, through a diversified approach combining single-asset products and multi-asset funds.

At its core, the strategy is “large market cap + high liquidity + productization potential”—attracting institutional capital while meeting regulatory and custody requirements. Figures are approximate and may change with fund flows.

$XRP
$HYPE
$SOL