Update
Grayscale Opens In-Kind ETF Access with High Minimums
Grayscale, a digital asset manager, is expanding its in-kind subscription program, allowing eligible investors to exchange their existing tokens directly for shares in 10 investment products. The program covers bitcoin, ether, XRP, solana, and other assets. Minimum investments range from approximately $80,300 to $364,800, making it accessible only to wealthy crypto holders. The program eliminates the need for an intermediate cash transaction and potentially reduces trading costs.