Grayscale's Next Gen Model Gives XRP 26.11% Allocation

Grayscale's Digital Assets Next Gen model has given XRP an allocation of 26.11%, making it the second-largest position in the Bitcoin-free strategy.

The model, which was launched on September 14 for financial advisers, excludes Bitcoin and provides exposure to established and emerging crypto assets.

XRP's weight more than doubles when compared to Grayscale's Digital Assets Leaders model, which includes Bitcoin.

Grayscale does not charge advisers or their clients a direct advisory fee for using the models, but the underlying ETPs have their own expenses, including sponsor fees.