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According to breaking news, Grayscale has updated its Q3 2025 fund portfolios and added Aerodrome Finance (AERO) to its DeFi Fund and Story (IP) to its AI Fund.
According to the company’s statement, updates were 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 the proceeds from selling 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’s 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%
- Aerodrome Finance (AERO): 6.60%
The Smart Contract Fund, meanwhile, balanced its portfolio by selling and repurchasing only proportionally among existing components. The updated portfolio distribution 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 off existing components proportionally. As of October 3, the AI Fund’s components were listed as follows:
- NEAR Protocol (NEAR): 25.81%
- Bittensor (TAO): 22.15%
- Story (IP): 21.53%
- Render (RENDER): 12.91%
- Filecoin (FIL): 11.39%
- The Graph (GRT): 6.21%
*This is not investment advice.
