Grayscale's New Model Portfolio Hands Advisors a 26% XRP Allocation

Grayscale has launched its new Digital Assets Next Gen model portfolio for financial advisors, which takes into account emerging digital assets. The portfolio allocates 26.11% of its funds to XRP (XRP), making it the second-largest holding after Ether, which accounts for 42.34%. Solana is third with a 21.09% allocation.

The portfolio's weights are reset every three months, and any one asset is capped at 40%. However, since its launch on July 27, Ether has already exceeded that cap. The model itself shows a 30.69% net gain over the five-week period it has been in existence.

Grayscale charges no separate fee for using the models, and the underlying funds have an average expense ratio of 0.23%. Advisors are increasingly looking for ways to bring digital assets into client portfolios without having to build and maintain allocations asset by asset, according to Grayscale's Global Head of Distribution, Laurie Katz.