Direct in-kind transfers shift digital asset custody responsibilities to institutional third-party custodians, reducing self-custody burdens and cybersecurity threats such as DeFi exploits for investors.

From the articleGrayscale Opens 10 Crypto Products to Direct Swaps With $80K MinimumAlso in Grayscale expands in-kind subscriptions to 10 crypto ETFs and trusts, Grayscale Opens 10 Crypto ETFs to Investors, But There's a Catch, Grayscale lets investors swap crypto for ETP shares across 10 funds - Cryptopolitan, Grayscale Opens In-Kind ETF Access With Six-Figure Entry Minimums, Grayscale Expands In-Kind Crypto Subscriptions to 10 Products, Letting Investors Receive Fund Shares With Tokens