Following the Q2 2026 rebalance of Grayscale’s Smart Contract Fund, effective August 3, Binance’s BNB token became the top holding with a 30.6% allocation, surpassing Ethereum at 29.5% and Solana at 29.2%. This massive entry represents a jump from zero allocation to the dominant position in a single quarter. The rebalance follows the CoinDesk Smart Contract Platform Select Capped Index methodology, which weights positions by market capitalization. The fund manages approximately $1.56 million in assets with a 2.50% expense ratio.
Source: Read the original article
