Grayscale has made significant adjustments to its multi-asset funds following a review of Q4 2024, focusing on real-world changes in the crypto space.
Introduction of AI Fund Changes
Grayscale adjusted the AI Fund by adding Livepeer (LPT) and rebalancing existing components based on their respective weightings. Livepeer is a decentralized video streaming network using blockchain for affordable and scalable streaming services. As of January 6, 2025, AI Fund's portfolio was comprised of: NEAR Protocol 29.93%, Render 20.58%, Bittensor 19.03%, Filecoin 17.18%, The Graph 10.45%, and Livepeer 2.83%.
Rebalancing in DeFi Fund
Grayscale also adjusted its DeFi Fund in line with CoinDesk DeFi Select Index methodology, incorporating Curve (CRV) in place of Synthetix (SNX). The component assets were re-allocated appropriately. As of January 6, 2025, DeFi Fund was composed of: Uniswap 47.88%, Aave 27.87%, Lido 9.75%, MakerDAO 7.79%, and Curve 6.71%.
Other Portfolio Updates
Grayscale responded to market dynamics by adjusting the GDLC portfolio, replacing Avalanche (AVAX) with Cardano (ADA). Consequently, the GDLC had the following composition: Bitcoin 73.52%, Ether 16.16%, XRP 5.05%, Solana 3.83%, and Cardano 1.44%. Further adjustments were made to the GSCPxE Fund excluding Ethereum.
These adjustments underscore Grayscale's commitment to ongoing market monitoring and adaptation to changes in the crypto market.
