Business UpdateMay 6, 2026, 04:18 PM

Grayscale DeFi Fund Adds Ethena; Smart Contract Fund Rebalances

AI Summary

Grayscale Investments announced updated Fund Component weightings for its Decentralized Finance (DeFi) Fund (DEFG) and Smart Contract Fund (GSC) following their first quarter 2026 reviews. The DEFG Fund adjusted its portfolio by selling Aerodrome Finance (AERO) and other components to purchase Ethena (ENA). The GSC Fund rebalanced its existing components. These adjustments were made in accordance with their respective CoinDesk index methodologies.

Key Highlights

Grayscale DeFi Fund (DEFG) sold Aerodrome Finance (AERO) and other existing components.
DEFG Fund purchased Ethena (ENA) as a new fund component.
DEFG Fund's updated top holdings include Uniswap (UNI) 35.22%, Aave (AAVE) 21.36%, and Ondo (ONDO) 19.83%.
Grayscale Smart Contract Fund (GSC) rebalanced its existing portfolio components.
GSC Fund's updated top holdings include Ether (ETH) 30.14%, Solana (SOL) 29.69%, and Cardano (ADA) 17.96%.
Both funds regularly distribute Fund Components to pay for ongoing expenses.

View SEC Filing

GAVA

Investment Bankers/Brokers/Service

Grayscale Avalanche Staking ETF

Price Impact