According to the latest news, Grayscale has updated its fund portfolios for the third quarter of 2025 and added Aerodrome Finance (AERO) to its DeFi Fund and Story (IP) to its AI Fund.
According to the company’s statement, updates have been made to the DeFi Fund (DEFG), Smart Contract Fund (GSC) and Decentralized AI Fund (AI Fund) portfolios.
Grayscale’s DeFi Fund has added MakerDAO (MKR) and Aerodrome Finance (AERO) to its portfolio, using proceeds from the sale of existing components on a pro-rata basis. With this change, MKR has been removed from the fund. As of October 3, 2025, the DeFi Fund components and weightings have been updated as follows:
- Uniswap (UNI): 32.32%
- Aave (AAVE): 28.07%
- Ondo (ONDO): 19.07%
- Lido (LDO): 7.02%
- Curve (CRV): 6.92%
- Airport financing (AERO): 6.60%
The Smart Contract Fund, meanwhile, balanced its portfolio by selling and buying back only proportionately between the existing components. The updated portfolio allocation is as follows:
- Ethereum (ETH): 30.32%
- Solana (SOL): 30.97%
- Cardano (ADA): 18.29%
- Avalanche (AVAX): 7.57%
- Sui (SUI): 7.35%
- Hedera (HBAR): 5.50%
In the AI Fund, focused on artificial intelligence, Story (IP) was added to the portfolio by selling existing components proportionately. As of October 3, the components of the AI fund were listed as follows:
- NEAR Protocol (NEAR): 25.81%
- Bit tensor (TAO): 22.15%
- Story (IP): 21.53%
- Rendering (RENDER): 12.91%
- Filecoin (FIL): 11.39%
- The graph (GRT): 6.21%
*This is not investment advice.
