Grayscale Smart Contract Fund Reveals Latest Holdings: Ethereum Dominates with 31.22%

On February 28, COINOTAG News reported the recent portfolio allocations of the Grayscale Smart Contract Fund. The fund’s significant holdings now include Ethereum, constituting 31.22% of its assets, and Solana, slightly higher at 31.30%. Notably, Cardano is also prominently featured, representing 18.23% of the total investment. Additional allocations include Avalanche at 7.26%, Sushi with 6.5%, Near holding 2.95%, and finally, Polkadot claiming 2.54%. The fund employs a systematic rebalancing strategy on a quarterly basis, which is dictated by market capitalization while enforcing a 30% cap on each individual asset during rebalances. This disciplined approach aims to optimize performance while managing exposure to volatility.