Grayscale Investments has restructured its multi-asset crypto funds for Q3 2025, introducing Aerodrome Finance and Story while removing MakerDAO, reflecting evolving trends in decentralized finance, smart contracts, and AI.
Grayscale Investments announced portfolio changes for its DeFi Fund, Smart Contract Fund, and Decentralized AI Fund for Q3 2025. MakerDAO was removed from the DeFi Fund and replaced with Aerodrome Finance. The Smart Contract Fund was rebalanced, with significant holdings in Ether, Solana, and Cardano. The Decentralized AI Fund added Story, maintaining large allocations in NEAR and Bittensor. All funds are subject to management fees and do not distribute dividends.