Grayscale has rebalanced its DeFi, Smart Contract, and AI-themed funds for the third quarter of 2025, introducing new assets and portfolio adjustments.
Grayscale Investments, one of the world’s largest digital asset managers, announced major portfolio adjustments for the third quarter of 2025. According to the company, its DeFi Fund, Smart Contract Fund, and AI Fund have all undergone rebalancing to better align with market dynamics.
In the DeFi Fund, Grayscale removed MakerDAO and added a new DeFi project while also adjusting the weights of existing assets such as Uniswap, Aave, Ondo, Lido, and Curve. The updated allocation now stands at Uniswap 32.32%, Aave 28.07%, Ondo 19.07%, Lido 7.02%, Curve 6.92%, and the new addition 6.60%.
The Smart Contract Fund saw no new additions but underwent proportional rebalancing among Ethereum, Solana, Cardano, Avalanche, Sui, and Hedera. Meanwhile, in the AI Fund, Story was added as a new component, with the updated composition being NEAR 25.81%, Bittensor 22.15%, Story 21.53%, Render 12.91%, Filecoin 11.39%, and The Graph 6.21%.
With $35 billion in assets under management, Grayscale continues its quarterly rebalancing strategy to adapt to market conditions and provide diversified, thematic investment opportunities. The inclusion of new-generation assets like AERO and Story underscores the growing institutional interest in decentralized finance and artificial intelligence sectors.
