Grayscale rebalances Q2 funds, adds BNB to smart contract fund

Grayscale adjusted the composition of its DeFi Fund as part of its second-quarter fund rebalancing. As of Aug. 3, the fund was weighted 34.16% in Uniswap (UNI), 25.44% in Ondo Finance (ONDO), 19.97% in Aave (AAVE), 12.19% in Ethena (ENA), 4.42% in Curve DAO (CRV), and 3.82% in Lido DAO (LDO). In its Smart Contract Fund, Grayscale newly added BNB, bringing its weighting to 31%, while Ethereum (ETH) and Solana (SOL) each accounted for 29%. In its Decentralized AI Fund, Grayscale partially sold NEAR, reducing its weighting to 31%, while the portfolio was adjusted to 29% in Bittensor (TAO), 22% in Render (RENDER), and 18% in Filecoin (FIL).