Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans.

Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets and weak investor demand weigh on public listing plans.

Grayscale Investments has paused its NYSE IPO plans amid declining crypto equity demand, with a resumption unlikely before Q4 2026. Revenue fell 20% in 2025.