Grayscale's Next Gen Model Ditches BTC for XRP, Ethereum

Grayscale has launched its Digital Assets Next Gen model portfolio for financial advisors that excludes Bitcoin. The model, designed to provide exposure to established and emerging digital assets, currently holds seven assets with a weighted average fee of 0.23%. Grayscale's XRP ETF (GXRP) takes the second-largest position in the portfolio at 26.11%, behind Ethereum which accounts for 42.34%.

The Next Gen model also includes shares of other altcoins ETFs such as Grayscale's Hyperliquid (HYPE) ETF, Chainlink (LINK), Avalanche (AVAX), and Sui (SUI). Solana, the model's third-largest holding at 21.09%, led all blockchains in x402 transactions for a third straight week.

Laurie Katz, Grayscale's Global Head of Distribution, stated that advisors are increasingly looking to add digital assets to client portfolios without having to build and maintain allocations asset by asset. The company does not charge a direct advisory fee for the models.