Grayscale replaces ADA with BNB in latest GDLC fund rebalance

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Grayscale’s CoinDesk Crypto 5 ETF (GDLC) has added BNB to its holdings as part of a scheduled quarterly rebalance, replacing Cardano’s ADA token in the fund’s composition.

Originally launched in 2018 as the Grayscale Digital Large Cap Fund for accredited investors, GDLC converted to an ETF structure in late 2025, opening access to retail investors through standard brokerage accounts.

GDLC provides exposure to the five largest and most liquid digital assets by market capitalization. The fund is listed on NYSE Arca and undergoes automatic quarterly rebalancing to stay aligned with dominant assets in the crypto market.

The ETF remains heavily weighted toward Bitcoin, which accounts for over 74% of the portfolio as of now. Ethereum represented over 13%, followed by BNB, XRP, and Solana.





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