Grayscale Doubles Down on AI—Launches Dedicated Crypto Sector for Machine Learning Bets
Wall Street’s favorite crypto shop just placed its chips on the AI hype cycle. Grayscale—the $30B digital asset manager—unveiled a new sector targeting artificial intelligence tokens, merging two of finance’s shiniest buzzwords into one tradeable package.
Because nothing says ’innovation’ like repackaging speculative assets into an ETF wrapper.
The move comes as AI-related crypto projects surge 300% year-to-date, outpacing even meme coins. Now institutional money can chase decentralized GPU rentals and blockchain-based chatbots with a single click.
Grayscale’s play? Capitalize on the narrative that AI will eat crypto—or maybe it’s the other way around. Either way, they’ll collect the management fees.