BNB Becomes Top Holding in Grayscale Smart Contract Fund
Grayscale Investments rebalanced its Smart Contract Fund in August, elevating BNB to the largest position while reducing exposure to Ethereum and Solana.
In its second-quarter rebalance effective August 3 and announced August 5, Grayscale Investments assigned BNB a 30.6% weighting in the Smart Contract Fund, making it the fund's leading holding. The reallocation displaced Ethereum and Solana from their previous top-position status. To accommodate the increased BNB allocation, Grayscale trimmed several other existing holdings.
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