From the "Coinbase effect" to the "Grayscale effect", what are the characteristics of Grayscale Investment's first "inspection list"?

According to BlockBeats, Grayscale Investments recently announced that it is considering adding 23 new cryptocurrency investment products, including AAVE and UNI. In the announcement, the official said that since the creation of structured investment products requires review and consideration and is subject to strict internal control, it requires sufficiently secure custody arrangements and regulatory considerations. Therefore, there is no guarantee that the above-listed assets will launch corresponding investment products.

In addition, Lvdong found that as of February 28, the Delaware official website showed that Grayscale has currently registered trust entities for 37 different cryptocurrencies.

Given the role and influence of Grayscale Investments, Grayscale's behavior is very similar to the "investigation list" previously announced by Coinbase. The "compliant" positioning of both allows them to target outside investors or institutional clients. The practice is basically to first announce the list of companies to be investigated, while stating that there is no guarantee that the corresponding products will be launched or launched in the end. But whether it is Coinbase's investigation list or Grayscale Investments' new crypto investment products, they can trigger people's pursuit of the corresponding projects. The only difference is that the latter is only open to qualified investors. But in any case, the "Grayscale effect" is quietly forming.

What characteristics can be found by analyzing the cryptocurrency projects included in the list by Grayscale Investments? The following is the first "inspection list" announced by Grayscale Investments:

Aave (AAVE), Basic Attention Token (BAT), Cardano (ADA), Chainlink (LINK), Compound (COMP), Cosmos (ATOM), Decentraland (MANA), EOS (EOS), Filecoin (FIL), Flow (Dapper Labs) (FLOW), Livepeer (LPT), MakerDao (MKR), Monero (XMR), Numeraire (NMR), Polkadot (DOT), Reserve Rights (RSR), Stacks (STX), Sushiswap (SUSHI), Synthetix (SNX), Tezos (XTZ), The Graph (GRT), Uniswap (UNI), and Yearn Finance (YFI).

Rhythm found that 7 of the above list can be attributed to the governance tokens of Ethereum-based DeFi projects, namely Aave (Aave), Uniswap (UNI), Compound (COMP), MakerDAO (MKR), Sushiswap (SUSHI), Synthetic Network (SNX), and Yearn Finance (YFI).

In addition, the list also includes five public chain rivals of Ethereum, Cardano (ADA), Polkadot (DOT), EOS, Cosmos (ATOM) and Tezos (XTZ). In addition, the list also includes cryptocurrencies with a market value below 100 or below $500 million, such as Reserve Rights (RSR), Numeraire (NMR) and Livepeer (LPT).

“We are eager to expand our product offerings to better serve our investors,” said Michael Sonnenshein, CEO of Grayscale. “The digital currency space is constantly evolving, and we seek to identify bold, interesting, and innovative opportunities that meet investor demand for differentiated exposure to this emerging asset class.”

Regardless, this list is worth watching.