Prices may be down, but Grayscale's making bull market bets if you know where to look.

These are the assets that have caught the attention of Crypto's Wall Street whisperer 👇

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When Grayscale announces a new Trust for a particular asset, the market often reacts with a mix of excitement and skepticism.

It's a bit like a double-edged sword: a signal of saturation for some and a beacon of hope for others.

Some might interpret the launch as a sign that the market for that asset is reaching saturation or at least limited upside potential in crypto terms.

On the one hand, it’s a stamp of approval from a major player in the crypto space. It can lend legitimacy to the asset, potentially attracting institutional investors, and, at the very least, boost media coverage.

Grayscale has been adding new investment products at a faster clip, showcasing their conviction that we’re in the middle innings of a crypto bull market fueled by a grand slam of bullish signals: #Bitcoin ETF inflows, the long-awaited $ETH ETF launch, increasing stablecoin adoption, and steady growth in TVL across DeFi.

As a quiet giant in the industry, investors continue to watch what Grayscale is backing and what that says about their impressions of which direction the industry is headed. What assets have caught their attention lately? Let's find out. 👇

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Grayscale Decentralized AI Fund (FIL, NEAR, RNDR, LPT, TAO)

Grayscale Bittensor Trust (TAO)
Bittensor envisions a world where AI isn't a tool in the hands of a few corporations but a resource democratized for all. It aims to create an "Internet of AI" where everyone can contribute and benefit from AI models. $TAO incentivizes participants to contribute to the network by providing rewards for tasks like validating models and running AI computations.

As the AI race among big tech companies heats up, Grayscale believes that Bittensor offers a compelling alternative approach towards AI development, one that encourages a wider range of participants and ideas.

Grayscale SUI Trust (SUI)
$Sui boasts a novel blockchain design that prioritizes scalability and user experience. It allows for parallel processing, tackling multiple transactions simultaneously.
SuiNetwork
's competitive edge comes down to its custom-built programming language, Sui Move, which streamlines smart contract development and execution.

As the need for blockspace and faster execution in crypto increases, Grayscale believes that Sui opens the door to a new wave of decentralized applications that were previously limited by existing blockchain infrastructure.

The Grayscale Effect
Overall, the impact of a Grayscale Trust launch is highly subjective to the specific asset. By no means does it signify that the asset is destined for greatness. Take the Grayscale Decentraland Trust (MANA), for instance.

The key takeaway is that Grayscale's bullish outlook on crypto is evident in its recent product launches. They believe we're currently in a bull market and are positioning themselves accordingly.

Analysis by arjunnchand

Solana ecosystem list:

$SOL -Native token
$JUP - Dex
$PYTH - Oracle
$RNDR - Depin
$IO - Depin
$NOS - Depin
$PRCL - RWA

And countless of memes.

Grayscale launches a new private fund in “decentralized AI” which contains 5 cryptos:

1- $NEAR
2- $FIL (I would not have put it in this category)
3- $RNDR
4- $LPT
5- $TAO

https://x.com/grayscale/st...

Here are the most bullish narratives you should pay attention this Q3.

🐶 Memes
• $WIF
• $PEPE
• $PEIPEI
• $POPCAT
• $MOG
• $MICHI
• $PONK

🏛️ RWAs
• $ONDO
• $RIO
• $CHEX
• $IXS
• $BOSON
• $LAND

🤖 AIs
• $TAO
• $QUBIC
• $RNDR
• $PAAL
• $ASI
• $FET

🔶 BTCFi
• $STAMP
• $BILLY
• $RSIC
• $PUPS
• $MUBI

⚙️ L1s
• $KAS
• $SOL
• $INJ
• $DIONE
• $ALPH
• $TRIAS
• $TON

🎮 Gaming
• $KARRAT
• $NAKA
• $KATA
• $CROWN
• $METAL
• $BRN
• $UPO

📲Social network

• $BULL

🪙 Others
• $ATOR
• $VELO
• $GHX
• $JASMY
• $CSIX
• $ROSE

Did I miss anything fam?