Grayscale Allocates 26.11% to XRP in New Digital Assets Model Portfolio
Grayscale has launched a new model portfolio for financial advisors called the 'Digital Assets Next Gen' that excludes Bitcoin and allocates significant portions to other cryptocurrencies. In this portfolio, XRP (XRP) is given a second-largest allocation of 26.11%, following Ethereum at 42.34%. Solana takes up 21.09% of the mix. The model includes seven funds and resets weights every three months with no single asset exceeding 40%. Despite XRP trading near $1.42, Grayscale's XRP Trust ETF is down 38.51% from its launch price. Six out of seven funds in the portfolio trade below their initial prices. Grayscale aims to simplify digital asset integration for advisors by offering pre-built allocations without additional fees beyond standard fund costs (0.23% average). The model has shown a net gain since July 27, but long-term performance remains uncertain.
Topics: cryptocurrency portfolios Grayscale model portfolio XRP