Greatest Digital Asset Product is a class throughout the BeInCrypto Institutional 100, an annual research-driven program recognising institutional digital asset excellence throughout 26 classes and 6 pillars.
This class sits beneath Pillar 3: Entry to Digital Belongings. The 15 merchandise beneath are listed alphabetically by issuer and will not be ranked. Every entry is anchored on the precise product, not the issuing agency. A shortlist will likely be named in Might 2026, with the winner introduced at Proof of Discuss in Paris on June 2–3, 2026.
Key Details
- Lengthy checklist: 15 merchandise throughout spot crypto ETFs, tokenized MMFs, tokenized treasuries, personal credit score and PE funds, tokenized equities, bonds, and regional product stacks
- Preliminary pool: Greater than 30 corporations screened; 15 superior to the lengthy checklist
- Order: Listed alphabetically by issuer, not ranked
- Scoring: 50% quantitative information · 50% Professional Council
- Standards assessed: AUM, web flows, product construction, regulatory licensure, multi-jurisdiction footprint, on-chain attain, price construction, distribution channels, institutional holders, innovation sign
- Information sources: SEC EDGAR, ETF circulation trackers, SFC, VARA, FCA, FINMA, BaFin, MAS, MiCA-CASP registers, audited experiences, rankings businesses, PitchBook, Tracxn, and Crunchbase
| Product / Issuer | HQ & Itemizing | Attain | Product Construction | Consultant Work |
| Apollo World Administration — ACRED | New York · NYSE: APO | $1.026T AUM Six chains reside |
Tokenized personal credit score fund Apollo Diversified Credit score Securitize Fund |
ACRED tokenizes Apollo Diversified Credit score Fund by way of Securitize Stay on Aptos, Avalanche, Ethereum, Ink, Polygon, and Solana |
| Backed Finance — bCSPX, bIB01, xStocks | Zug, Switzerland FINMA-aligned; Kraken-owned |
$25B+ transaction quantity since June 2025 100 tokenized shares reside |
Tokenized equities and bond merchandise xStocks tokenized fairness suite |
bCSPX tokenizes S&P 500 ETF publicity; bIB01 tokenizes short-term Treasuries xStocks Alliance consists of Bybit, Gate.io, KuCoin, Talos, and 360X |
| BlackRock — IBIT, ETHA, BUIDL | New York · NYSE | $14T+ platform AUM IBIT $66.9B; BUIDL $2.5B–$2.85B |
Spot crypto ETFs Tokenized cash market fund |
IBIT grew to become the quickest ETF to cross $80B AUM BUIDL expanded throughout eight chains |
| Bitwise — BITB, BSOL | San Francisco · NYSE Arca | $11B shopper belongings 40+ funding merchandise |
Spot Bitcoin ETF Solana ETP with staking publicity |
BSOL launched on NYSE Arca in Oct 2025 Constructed direct SOL publicity with staking rewards goal |
| Constancy — FBTC, FETH | Boston, USA Constancy Digital Belongings OCC conditional constitution |
$15T+ platform AUA FBTC $13B–$15B AUM |
Spot Bitcoin and Ethereum ETFs Vertically built-in custody mannequin |
FBTC and FETH mix Constancy asset administration with Constancy Digital Belongings custody Product stack differs from pure ETF issuers by inner custody infrastructure |
| Franklin Templeton — BENJI/FOBXX, EZBC, EZET | San Mateo, CA · NYSE: BEN | $1.74T AUM BENJI deployed throughout 8+ chains |
Tokenized cash market fund Spot Bitcoin and Ethereum ETFs |
FOBXX/BENJI was the primary US-registered fund utilizing public blockchain record-keeping Franklin constructed multi-chain tokenized fund distribution |
| Hamilton Lane — SCOPE, Secondary Fund VI, Direct Fairness | Conshohocken, PA · Nasdaq: HLNE | $1T AUM and supervision 780 professionals globally |
Tokenized personal credit score and personal markets funds Securitize-based entry construction |
SCOPE went multi-chain on Ethereum and Optimism Secondary Fund VI feeder decreased minimums from $5M to $20K |
| Hashnote / Circle — USYC | New York Bermuda-regulated; Cayman fund construction |
$3B+ AUM Largest tokenized MMF globally by AUM |
Tokenized institutional cash market fund Backed by Treasury payments and reverse repos |
USYC overtook BlackRock BUIDL in Jan 2026 Built-in with USDC for twenty-four/7 collateral motion |
| Janus Henderson — JTRSY, JAAA, SPXA | London · NYSE: JHG | $457B AUM 25 workplaces worldwide |
Tokenized treasury and index funds Rated tokenized fund merchandise |
JTRSY obtained S&P AA+f / S1+ score SPXA launched on Base as S&P-licensed tokenized index fund |
| KKR — SKHC / HCSG II | New York · NYSE: KKR | $700B+ AUM Underlying HCSG II fund at $4B |
Tokenized personal fairness fund Avalanche and Securitize construction |
KKR tokenized Well being Care Strategic Progress Fund II as SKHC Product stays accessible to certified traders |
| Ondo Finance — OUSG, USDY, Ondo World Markets | New York Personal firm; ONDO publicly traded |
$1.81B+ platform TVL 265 tokenized securities and ETFs |
Tokenized treasuries, yield merchandise, tokenized securities Multi-chain market entry |
SEC investigation closed with out costs in late 2025 Ondo World Markets reached important tokenized shares share |
| OpenEden — TBILL | Singapore BVI feeder fund; BNY-managed |
$260M+ AUM 10x year-on-year progress |
Tokenized US Treasury payments Funding-grade rated product |
First tokenized T-bill product with twin Moody’s and S&P investment-grade rankings BNY appointed funding supervisor and custodian |
| OSL — Tokenworks, HK Spot ETF Servicing, Taikang MMF | Hong Kong HKEX-listed dad or mum; SFC-licensed VATP |
Sub-custodian and unique VATP for Hong Kong spot crypto ETFs Helps BTC, ETH, and SOL ETF servicing |
Tokenization platform and ETF servicing stack Hong Kong institutional product infrastructure |
Distributor and custody associate for Hong Kong’s first tokenized MMF beneath unit-trust construction Tokenworks serves Tier-1 Hong Kong asset managers |
| Superstate — USTB, USCC, FundOS | New York SEC-registered funding adviser and switch agent |
USTB $967M AUM USCC $267M AUM |
Tokenized US Treasuries and crypto carry fund White-label tokenization infrastructure |
USTB transitioning to Invesco Advisers as funding supervisor FundOS powers Coinbase Asset Administration’s CUSHY stablecoin yield fund |
| T. Rowe Value — TKNZ | Baltimore, USA · NYSE: TROW | $1.7T–$1.8T platform AUM ETF pending approval |
Lively crypto ETF submitting 5–15 eligible crypto belongings |
TKNZ S-1 filed for energetic crypto ETF on NYSE Arca Anchorage Digital Financial institution named as crypto custodian |
About This Checklist
The BeInCrypto Institutional 100 — Greatest Digital Asset Product (2026 Lengthy Checklist) identifies named institutional merchandise giving traders entry to digital belongings. The class covers spot ETFs, ETPs, tokenized cash market funds, tokenized treasuries, tokenized personal credit score and fairness funds, tokenized securities, and regional product stacks.
In contrast to asset supervisor classes, this checklist focuses on the product itself. A agency might seem due to one particular ETF, tokenized fund, treasury product, or built-in product suite that meets the long-list threshold.
Methodology
This class is evaluated beneath Monitor A of the BeInCrypto Institutional 100 methodology: 50% quantitative information and 50% Professional Council scoring.
Evaluation spans AUM and cumulative web flows, product construction, regulatory licensure, jurisdictional footprint, on-chain attain for tokenized merchandise, price construction, distribution channels, institutional holder focus, and innovation sign.
Information was verified utilizing SEC EDGAR, ETF circulation trackers, SFC, VARA, FCA, FINMA, BaFin, MAS, MiCA-CASP registers, audited experiences, Moody’s tokenized product rankings, S&P World Scores tokenized fund rankings, KBRA/Kroll, PitchBook, Tracxn, and Crunchbase.
The submit BeInCrypto Institutional Analysis: 15 Digital Asset Merchandise Driving Crypto Funding appeared first on BeInCrypto.