Refer to the grayscale holdings, Grayscale is basically the only institution on Wall Street that allocates to altcoins

Grayscale Q2 2025 fund adjustments:

DeFi Fund

Added ONDO, holdings UNI (34.01%), AAVE (30.74%), ONDO (18.22%)

Smart Contract Fund

Added HBAR, removed DOT, holdings ETH (30.22%), SOL (29.87%), ADA (18.57%)

AI Fund

Proportion unchanged, holdings TAO (29.10%), NEAR (28.41%), RENDER (17.34%)