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Grayscale lets investors swap XRP, Solana, Doge...

Reported by Pluang
Oct 22, 2026· 2 min read
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Key Takeaways
  • • Grayscale has expanded its platform so eligible investors can exchange cryptocurrencies such as XRP, Solana, and Dogecoin directly for shares in ten of its funds, without first converting tokens to cash.
  • • Minimum contributions range from about $80,300 for Solana to $364,800 for Bitcoin, limiting the offering to large crypto holders.
  • • The structure is positioned to simplify investing through traditional brokerage accounts and may reduce operational costs, according to the source article.
  • • The source cautions that the option does not guarantee higher demand or token price gains, that fund shares can trade at premiums or discounts, and that tax implications remain.
Summary
Grayscale has expanded its platform to allow eligible investors to exchange cryptocurrencies, including XRP, Solana, and Dogecoin, directly for shares in ten of its funds. The mechanism bypasses the need to convert tokens into cash first, according to Pluang's report on the development.

Minimum contributions vary by asset, ranging from about $80,300 for Solana to $364,800 for Bitcoin. The thresholds indicate that the option is designed for large crypto holders rather than retail participants. By allowing in-kind contributions, the structure is intended to simplify the process of investing through traditional brokerage accounts and may reduce operational costs associated with converting tokens to cash.

The source article cautions that the change does not guarantee increased demand for the underlying tokens or price appreciation. Fund shares can trade at premiums or discounts to net asset value, and tax implications for investors remain relevant.

Pluang's same-day market snapshot as of Oct 22, 2026 23:51 WIB showed broad weakness across major cryptocurrencies: of 50 priced assets, four rose and 45 fell. Notable decliners included ALGO at Rp1.922 (-7.24%), LINK at Rp212.969 (-7.09%), and MANA at Rp1.488 (-6.83%). The snapshot is contextual and not directly linked to the Grayscale announcement.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Pluang Grayscale lets investors swap XRP, Solana, Doge...