ChainCatcher report: Grayscale has completed the rebalancing of its cryptocurrency industry fund. The DeFi fund has added Ethena’s ENA token with a weight of 13.59%, making it the fourth-largest holding in the fund. Simultaneously, the fund has fully removed Aerodrome Finance’s AERO token. Post-rebalancing, the fund’s primary holdings include: Uniswap (UNI) at 35.22%, Aave (AAVE) at 21.36%, Ondo Finance (ONDO) at 19.83%, Curve DAO (CRV) at 5.27%, and Lido DAO (LDO) at 4.73%. Additionally, the smart contract platform fund saw no net changes in assets this quarter. Ethereum (ETH) increased its weight to 30.14%, surpassing Solana (SOL) at 29.69% to become the largest holding. Cardano (ADA) ranks third with a weight of 17.96%, followed by Avalanche, Hedera, and Sui. This rebalancing was conducted in accordance with the methodology of the CoinDesk DeFi Select Index and the CoinDesk Smart Contract Platform Select Index, aiming to ensure the fund’s holdings remain aligned with liquidity, custody, and market capitalization requirements.
Grayscale DeFi Fund Adds ENA, Removes AERO; ETH Regains Top Holding
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The Grayscale DeFi Fund adds ENA and removes AERO; ETH news shows ETH rising to top holding. The DeFi Fund added Ethena (ENA) with a 13.59% weight, making it the fourth-largest holding, while fully removing Aerodrome Finance (AERO). Uniswap (UNI) leads at 35.22%, followed by Aave (AAVE) at 21.36% and Ondo Finance (ONDO) at 19.83%. ETH news highlights Ethereum (ETH) gaining 30.14% weight, surpassing Solana (SOL) at 29.69% in the smart contract platform fund.
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