Grayscale Investments has named BNB the largest holding in its Smart Contract Fund with a weighting of 30.6%, pushing Ethereum to 29.47% and Solana to 29.15%. Cardano suffered the sharpest cut, falling from 17.96% to 4.88%. This second-quarter rebalance, effective August 3, also impacted the DeFi Fund where Ondo climbed to become the second-largest position at 25.44%, and the Decentralized AI Fund now led by Near Protocol at 31.35%.
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