Grayscale Investments just reshuffled the deck on its multi-asset crypto funds, and BNB walked away with the best hand. The firm’s Q2 2026 rebalance, effective as of market close on August 3 and announced on August 5, placed BNB at the top of the Grayscale Smart Contract Fund with approximately 30.6% of the total weight.
That makes BNB the single largest holding in the GSC Fund, narrowly beating out Ethereum at 29.47% and Solana at 29.15%.
What changed and what got cut
The rebalance touched three separate funds this quarter, up from the two funds Grayscale had been adjusting in previous quarterly reviews.
In the Smart Contract Fund, BNB’s inclusion required proportional sales of existing holdings to fund the purchase. Grayscale followed the CoinDesk Smart Contract Platform Select Capped Index methodology to determine how much of each existing position to trim. The result was minor reductions in both ETH and SOL allocations.
