According to Grayscale, the first-quarter 2026 update added Ethena to the DeFi Fund, removed Aerodrome Finance, and shifted weights in the Smart Contract Platform Fund.
Grayscale completed its Q1 2026 rebalancing of the DeFi Fund and Smart Contract Platform Fund. In the DeFi Fund, Ethena (ENA) was added at a 13.59% weight and Aerodrome Finance (AERO) was removed. The DeFi Fund’s largest position is UNI at 35.22%, while the Smart Contract Platform Fund now has ETH at the top weight of 30.14%, ahead of SOL at 29.69%. The update reflects Grayscale’s regular portfolio adjustment process for its crypto sector funds.