Grayscale Smart Contract Fund Expands with 7 Cryptocurrencies, Capped at 30% per Asset

• Grayscale Smart Contract Fund now includes 7 cryptocurrencies, capped at 30% per asset.
• The fund rebalances quarterly, offering diversified exposure to leading blockchain platforms.
• Grayscale’s Smart Contract Fund includes Solana, Cardano, and more, tracking market cap performance.

Smart Contract Fund of Grayscale Investments added cryptocurrencies to its list of assets including Ethereum, Solana, Cardano, Avalanche, Sui, Near, and Polkadot. Grayscale shows its dedication to presenting investors with high-potential blockchain technologies by adding its investment portfolio. The move showcases institutional players’ realignment of interests with cryptocurrencies.

Diversification of Smart Contract Fund Assets

The Grayscale Smart Contract Fund, which tracks the CoinDesk Smart Contract Platform Select Capped Index (SCPXC), now includes seven assets. Solana dominates the portfolio at 31.3% while Ethereum follows closely at 31.22% according to the February 27, 2025 holding data. Cardano is the third largest project in the fund, with 18.23% of the total assets. Avalanche (7.26%) takes fourth place among the key assets, followed by Sui (6.50%), Near (2.95%), and Polkadot (2.54%).

Grayscale Smart Contract Fund Expands with 7 Cryptocurrencies, Capped at 30% per Asset 3

The fund maintains its market cap-weighted structure, preventing any single asset from controlling the portfolio. Portfolio balance can be maintained through quarterly rebalancing which implements a 30% maximum cap for each individual asset. The fund uses this structure to create portfolio stability, wide market exposure to smart contract systems, and individual cryptocurrency risk mitigation. Investors gain digital asset market exposure through shares that track actual underlying assets to avoid the need to handle or protect their assets directly.

Institutional Interest in Cardano’s Growth

The inclusion of Cardano within Grayscale’s fund represents a major turning point that establishes its position as a competitor within the smart contract realm. Numerous investors show interest in Cardano because of its emphasis on application decentralization, security measures and enhanced scalability abilities. Renowned investment entities view ADA as an advanced choice compared to well-known smart contract platforms like Ethereum. The inclusion of Cardano into Grayscale’s fund shows corporations’ growing support for the blockchain platform and its disruptive abilities toward supplanting Ethereum’s market leadership.

The expanding DeFi sector indicates signs of attracting increasing investment wih Cardano’s excellent technical attributes. The future launch of an ETF specializing in ADA will create additional investment channels for institutions enabling them to access this developing market area through standardized funds. Including ADA in the Grayscale Smart Contract Fund stimulates a growing trend of blockchain investment diversity.

Fund Performance and Market Outlook

The NAV per share value of Grayscale Smart Contract Fund was reported at $10.44 showing a slight improvement of 0.19% during day-to-day tracking. The fund’s assets under management have exceeded $3.23 million as 309,400 shares continue circulating within the fund. The fund demonstrates market stability based on its historical performance statistics, although past performance does not indicate future results. Investors seeking portfolio expansion through blockchain technologies will study the fund metrics systematically because it embraces multiple promising platforms including Cardano.