Grayscale Next Gen Portfolio Allocates 26.11% to XRP

Grayscale has unveiled its Next Gen model portfolio for investment advisory firms, which excludes Bitcoin. The strategy allocates 26.11% of its weight to XRP, making it the second-highest weighting after Ethereum. In contrast, the Leaders strategy includes Bitcoin and allocates only 11.92% to XRP.

The Next Gen strategy uses a market-cap-weighted approach and rebalances quarterly. It consists of several digital assets, including Grayscale XRP Trust ETF (GXRP), which accounted for 26.11% as of August 31. Ethereum Staking Mini ETF was the largest at 42.34%, followed by Solana Staking ETF at 21.09%, and others.

The launch expands Grayscale's product distribution from individual funds to model portfolios, allowing companies to use pre-built allocations to review the weighting of digital assets including XRP in line with clients' investment objectives.