Grayscale Elevates BNB to Top Holding in Smart Contract Fund
Grayscale Investments made BNB its largest position in its Smart Contract Fund with a 30.6% weighting during a rebalancing, moving Ethereum and Solana from top spot.
Grayscale Investments repositioned its Smart Contract Fund during a rebalancing announced August 5 and effective August 3. BNB received the largest weighting in the fund at 30.6%, displacing Ethereum and Solana from the top position. The shift involved trimming several existing holdings to accommodate the change in fund composition.
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