Grayscale Cuts Q2 Altcoin Watchlist, Drops Consumer Tokens and Adds AI Names

Grayscale has narrowed its list of crypto assets under review for potential inclusion in future investment products in the second quarter of 2026. The firm trimmed the roster to 30 tokens from 36 in the prior quarter and dropped an entire category tied to consumer-facing crypto projects.

The asset manager’s updated “Assets Under Consideration” list spans four segments: smart contract platforms, financial assets, artificial intelligence, and utilities and services.

Grayscale Q2 Update Focuses on Crypto AI Projects

In the first-quarter version, the firm had grouped 36 names across five segments, including a separate Consumer & Culture category that no longer appears in the latest update.

The change leaves artificial intelligence as the largest bucket on the list. Grayscale included 10 AI-linked assets in the second-quarter roster, up from seven in the previous quarter.

The additions include Fabric Protocol, Kite AI, and Venice, alongside names that remained on the list such as Flock, Grass, Kaito, Virtuels Protocol, and Worldcoin.

The revised list also added Canton in the smart contract segment and Helium in utilities and services.

At the same time, Grayscale removed a broad mix of tokens from earlier sector lists.

The names no longer included in the second-quarter version are Aptos, Arbitrum, Binance Coin, and Polkadot from smart contracts. Euler, Lombard, Plume Network, and Sky from financials; and ARIA Protocol, Bonk, and Playtron from the Consumer & Culture group.

The result is a smaller and more concentrated list. Smart contract assets fell to seven names from 10 in the prior quarter, while financial tokens dropped to seven from 11. Utilities and services increased from five to six.

Meanwhile, the latest reshuffle points to a sharper emphasis on infrastructure and AI-related crypto themes.

While Grayscale kept established names such as Celo, Mantle, Monad, Toncoin, Tron, Ethena, Hyperliquid, Jupiter, Kamino, Maple Finance, Morpho, Pendle, DoubleZero, Geodnet, Jito, LayerZero, and Wormhole, the biggest directional shift came from the expansion of AI entries.

Notably, AI-linked crypto projects had gained increased prominence during the first quarter of this year, thanks to the rapidly expanding generative AI space.

Over the past year, the sector has continued to attract significant institutional and commercial interest from the general public.