Grayscale rebalances Q2 2026 funds, adds BNB as top holding in Smart Contract Fund

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. For context, the Q1 2026 weights as of May had ETH at 30.14%, SOL at 29.69%, and ADA at 17.96%. The current rebalance compressed those top two positions slightly to make room for BNB at the top of the stack. Beyond the Smart Contract Fund, Grayscale also made mo...