Grayscale's Bitcoin-Free Model Portfolio Boosts XRP with 26% Allocation

Grayscale has introduced a Bitcoin-free model portfolio that allocates 26.11% of its assets to XRP, giving the struggling asset a significant boost in a notable investment vehicle. The Next Gen model portfolio, launched on July 27, contains seven funds and is designed for financial advisors looking to invest in digital assets without independently managing allocations. Ethereum holds the largest allocation at 42.34%, followed closely by Solana at 21.09%. Together, ETH, XRP, and SOL represent nearly 89% of the portfolio.

Despite XRP's underperformance in Grayscale's XRP Trust ETF, which remains 38.51% below its launch price, the model portfolio has generated a 30.69% net return since its launch in July. The performance comes despite the first half of 2026 seeing the trust sell approximately $180 million worth of XRP at a realized loss.

Grayscale's Global Head of Distribution, Laurie Katz, noted that advisors increasingly want simpler ways to incorporate digital assets into client portfolios without managing each cryptocurrency individually. As such, the Bitcoin-free strategy could appeal to those seeking concentrated exposure to emerging crypto assets like Ethereum, XRP, and Solana.