CoinShares Crypto Rebalance Brings BNB Into DIME

Core Insights - The CoinShares Altcoins ETF (DIME) has added Binance Coin (BNB) to its portfolio, indicating a market shift towards crypto infrastructure assets [1][2] - DIME's strategy aligns with Silicon Valley Bank's view that crypto will transition from speculation to infrastructure by 2026, focusing on networks that facilitate stablecoin settlement and digital commerce [2] Fund Composition - DIME's holdings now include 11 Layer 1 crypto infrastructure assets, such as Solana, Aptos, Sui, and BNB, providing equal-weighted exposure while excluding Bitcoin and Ethereum [3] - The fund aims to support decentralized applications and transaction processing, differentiating itself from broader crypto index products [11] Performance Metrics - BNB was one of the top performers in 2025, gaining over 20% and currently trading near $928, with a market capitalization of $126.67 billion [4][5] - DIME has $2.1 million in assets under management and has returned 11.1% year-to-date, with a 0.00% expense ratio [10] Market Dynamics - The BNB Chain processed $33 trillion in transaction volume in 2025, surpassing Visa's annual volume, and serves as a settlement layer for digital dollar transactions [7] - BNB's utility extends beyond transaction fees, acting as collateral in decentralized finance protocols and supporting ecosystem growth initiatives [8] Adoption Drivers - The infrastructure narrative in crypto is driven by three main forces: institutional capital consolidation, regulatory clarity around stablecoins, and the transition of real-world asset tokenization from pilot projects to full-scale production [9]