Business UpdateMay 6, 2026, 04:18 PM
Grayscale Updates Q1 2026 Fund Component Weightings for DEFG, GSC Funds
AI Summary
Grayscale Investments announced updated Fund Component weightings for its Decentralized Finance (DeFi) Fund (DEFG) and Smart Contract Fund (GSC Fund) following their first quarter 2026 reviews. The DEFG Fund adjusted its portfolio by selling Aerodrome Finance (AERO) and other components to purchase Ethena (ENA), resulting in new weightings for assets like Uniswap, Aave, and Ondo. The GSC Fund also rebalanced its portfolio by adjusting existing components, with Ether, Solana, and Cardano holding the largest weightings. Both funds regularly distribute components to pay for ongoing expenses, which gradually decreases the amount of Fund Components represented by shares.
Key Highlights
- Grayscale's DEFG Fund sold Aerodrome Finance (AERO) and other components to purchase Ethena (ENA) in Q1 2026.
- DEFG Fund's updated weightings: Uniswap (UNI) 35.22%, Aave (AAVE) 21.36%, Ondo (ONDO) 19.83%.
- DEFG Fund's updated weightings: Ethena (ENA) 13.59%, Curve (CRV) 5.27%, Lido DAO (LDO) 4.73%.
- Grayscale's GSC Fund rebalanced its portfolio by selling and purchasing existing components.
- GSC Fund's updated weightings: Ether (ETH) 30.14%, Solana (SOL) 29.69%, Cardano (ADA) 17.96%.
- GSC Fund's updated weightings: Avalanche (AVAX) 7.69%, Hedera (HBAR) 7.41%, Sui (SUI) 7.11%.
- Both DEFG and GSC Funds regularly distribute components to cover ongoing expenses.
- The amount of Fund Components represented by shares of each fund gradually decreases over time.
Price Impact
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