- •Grayscale sold MKR and added AERO to DeFi Fund.
- •Impact on DeFi holdings with new AERO inclusion.
- •Institutional shift towards AERO and Story investment.
Grayscale Investments has announced a significant rebalancing of its funds, including the sale of MakerDAO and the addition of Aerodrome Finance and Story, as reported on October 8, 2025.
The rebalancing reflects institutional shifts towards new crypto assets and may influence market liquidity, impacting token valuations and investor sentiment across decentralized finance and AI sectors.
Introduction
Grayscale Investments, the largest digital asset-focused investment platform, announced a notable rebalancing of its funds for Q3 2025. The Grayscale Fund Composition Revealed, specifically the DeFi Fund, has proportionally sold MakerDAO (MKR) and added Aerodrome Finance (AERO).
The strategic move by Grayscale affected multiple funds under its management. This shift is seen as indicative of emerging asset preferences, especially highlighted by AERO's 6.6 % inclusion in holdings.
Market Reactions
Immediate market reactions focused on Grayscale’s decision to drop MKR, potentially driving liquidity changes across affected protocols. This could alter prior investor perceptions of security within the DeFi ecosystem.
Grayscale's shift may encourage other investors to assess the evolving market dynamics.
As AERO solidifies its presence, the addition signals wider adoption expectations for the Base chain infrastructure.
Financial and Regulatory Implications
This rebalancing has financial implications, coinciding with Grayscale's $35 billion asset management. Such fund reshuffling is a reflection of broader institutional trends in crypto asset management.
The only documented communication is the official press release from Grayscale itself, dated October 8, 2025.
Potential regulatory scrutiny could arise given Grayscale's historical quarterly rebalancing practices, with further interest surrounding AI‑linked tokens like Story (IP). Historical data shows such trends aligning with macro crypto adoption patterns.