BNB Enters Grayscale’s CoinDesk Crypto 5 as Part of Scheduled Rebalance

Grayscale has stated that it has added BNB to its Grayscale CoinDesk Crypto 5 Fund (Ticker: GDLC), which will significantly change the fund composition as a part of its planned rebalance. The shift indicates the dynamic organization of the digital asset market and supports the rules-based approach of GDLC to monitor the most prominent cryptocurrencies by market value and liquidity.

CoinDesk Crypto 5 Fund is an investment product that aims to offer diversification to a large number of the biggest digital assets in one investment product. The inclusion of BNB into the basket has grown the fund beyond its previous members and adds to a larger portion of the crypto ecosystem.

Updated Asset Allocation and Weightings

As of February 2, 2026, GDLC owns five digital assets based on the methodology of the fund. Bitcoin is the most prominent element, being 74.21 percent of the fund, next to Ethereum at 13.34%. BNB comes into the portfolio with a weight of 4.97%, which is ahead of XRP, which is 4.68%, and Solana with 2.80%.

The updated breakdown indicates that Bitcoin is now the top performer in the digital assets market, but demonstrates the popularity of new and useful layer-1 networks and used-case tokens. The inclusion of BNB cause GDLC to capture changes in the capitalization of the market and the activity of onchain across the entire crypto sphere.

What BNB’s Inclusion Signals

The topping of CoinDesk Crypto 5 Fund by BNB highlights the fact that the company will remain among the largest and most actively used digital assets in the world. Famous as a part of the BNB Chain ecosystem, BNB contributes to a broad spectrum of decentralized applications, system solutions, and onchain utility.

To investors, the inclusion will mean greater exposure to non-Bitcoin and Ethereum blockchain ecosystems, but remain in a structured, rules-based product. The rebalance is clearly done to match GDLC with prevailing market conditions without a bias to any discretionary asset pick.

Structure and Risk Considerations

GDLC is not a registered investment company in accordance with Investment Company Act of 1940 in the U.S. Consequently, it is not under the same regulation and protection of investors compared with registered ETFs and mutual funds. The fund will be focused on a highly risky investor with the understanding about the volatility and complexity of the cryptocurrency markets.

What Grayscale has stressed is an investment in GDLC is not an investment in cryptocurrencies per se. Rather, it provides exposure by the structure of the fund which could have other risks in terms of liquidity in the market, pricing and trading.

Volatility and Regulatory Landscape

Cryptocurrency assets are too volatile and can dry up in some market conditions. The asset class is also highly vulnerable to being manipulated in the market than the conventional securities and is not fully regulated. Although the regulatory environment can be regulated in the future, regulatory environment adjustments will have a significant effect on the value of the digital assets and performance of a fund.