In Q2 2025, Grayscale Investments, one of the largest crypto asset managers, made significant changes to its fund lineup.
Changes in the DeFi Fund
Grayscale added Ondo (ONDO) to its DeFi Fund (DEFG), which now accounts for over 18% of the fund's total. ONDO joins significant assets like Uniswap (UNI) and Aave (AAVE). These changes highlight the growing interest in tokenized assets and real-world asset recognition.
Rise of HBAR and Impact on the Smart Contract Fund
The Smart Contract Fund (GSC) retired Polkadot (DOT) and included Hedera (HBAR), which now holds 5.8% of the fund. Cardano's (ADA) share is also increasing, now accounting for 18.5%. HBAR has seen a price spike of over 7% in the past 24 hours.
Overall Market Trends
According to recent data, the digital asset market has reached $3.38 trillion, with Bitcoin dominance at 64.1%. Ethereum occupies 9.4% of the market. Over the past day, Ethereum's price increased by 3%.
The changes made by Grayscale Investments in its funds illustrate current market trends and interest in new assets. Companies continue to adapt to the changing crypto-economy.
