Grayscale Boosts BNB Allocation in Crypto Fund Overhaul

Grayscale has made significant changes to its crypto fund, allocating more funds to Binance Coin (BNB) than Ethereum (ETH) and Solana (SOL). The decision comes as part of Grayscale's efforts to provide investors with a diversified portfolio.

The total value locked in onchain investment vehicles reached $7.26 billion by late July 2026, with 79% of the capital being allocated to BNB.

This move is likely to impact the market performance of BNB and other cryptocurrencies. Grayscale's decision also highlights the growing importance of onchain investment vehicles.