Grayscale's Next Gen Portfolio Bets Big on Ether, XRP
Grayscale launched its Digital Assets Next Gen model portfolio on Monday, giving financial advisors a ready-made crypto allocation. This portfolio is unique because it leaves out Bitcoin (BTC), instead allocating 42.34% to Ethereum (ETH) and 26.11% to Ripple (XRP).
The portfolio also includes Solana (SOL) at 21.09%, Hyperliquid at 5.76%, Chainlink, Avalanche, and Sui making up the rest. Grayscale's model portfolios are designed to be copied into client accounts using the firm's exchange-traded funds.
Grayscale charges no separate fee for these models, and the underlying funds average a fee of 0.23%. The launch aims to bring digital assets into client portfolios without advisors having to build allocations asset by asset, as stated by Grayscale's Global Head of Distribution, Laurie Katz.