BREAKING: Grayscale Announces It Has Removed One Altcoin from Its Investment Funds and Added Another

Crypto asset management company Grayscale announced that it has completed its fund rebalancing process for the first quarter of 2026. The company updated both its DeFi Fund and Smart Contract Fund portfolios in accordance with CoinDesk index methodologies.

Grayscale announced a significant change to its DeFi Fund. Aerodrome Finance (AERO) was removed from the fund’s portfolio, and the proceeds were used to purchase Ethereum ($ENA).

As of May 1, 2026, the Grayscale DeFi Fund portfolio allocation is as follows:

• Uniswap ($UNI) – 35.22%
• Aave (AAVE) – 21.36%
• Ondo (ONDO) – 19.83%
• Ethereum ($ENA) – 13.59%
• Curve (CRV) – 5.27%
• Lido DAO (LDO) – 4.73%

Thus, Ethereum ($ENA) has been officially included in Grayscale’s DeFi-focused investment fund. Uniswap ($UNI) retained its highest weighting in the portfolio, with over 35%.

On the other hand, Grayscale has also completed the rebalancing process for its Smart Contract Fund. As of May 1, 2026, the asset allocation within the Smart Contract Fund is as follows:

• Ethereum (ETH) – 30.14%
• Solana (SOL) – 29.69%
• Cardano (ADA) – 17.96%
• Avalanche (AVAX) – 7.69%
• Hedera (HBAR) – 7.41%
• Sui (SUI) – 7.11%

Data shows that Ethereum and Solana together account for approximately 60% of Grayscale’s smart contract platform-focused fund, while Cardano continues to maintain its double-digit share.

*This is not investment advice.