Grayscale's Next Gen Model Favors XRP Over Solana

Grayscale Investments has launched a new model portfolio for financial advisors that excludes Bitcoin. The Digital Assets Next Gen model holds up to 10 established and emerging digital assets, with Grayscale's XRP ETF making up 26.11% of the portfolio as of August 31.

This puts Grayscale's XRP ETF ahead of Grayscale's Solana ETF, which accounted for 21.09%. The Grayscale Ethereum Staking Mini ETF held more at 42.34%, and together the three tokens made up 89.54% of the portfolio.

Solana led all blockchains in x402 transactions for a third straight week, according to Artemis data. Grayscale does not charge a direct advisory fee for the models, but the underlying funds carry an average fee of 0.23%. The company's Global Head of Distribution, Laurie Katz, stated that advisors are looking to add digital assets to client portfolios without having to build and maintain allocations asset by asset.