Grayscale's Next Gen Model Portfolio Gives XRP 26% Allocation

On Monday, Grayscale provided financial advisors with a pre-built crypto portfolio, in which XRP (XRP) accounts for 26.11% of the allocation. The cryptocurrency ranks as the second-largest position in the company's newly introduced Digital Assets Next Gen model portfolio.

A model portfolio serves as a publicly available template. Grayscale selects the assets and their respective weights, and advisors replicate that allocation for clients using the firm's ETFs.

Today, Grayscale launched Model Portfolios.

Four strategies built around distinct investment objectives:

• Digital Assets Core Plus: Broad exposure to established assets, including $BTC, $ETH, $SOL, and $LINK
• Digital Assets Leaders: Exposure to the five largest eligible…

— Grayscale (@Grayscale) September 14, 2026

XRP Takes Second Place in a Bitcoin-Free Portfolio

The Next Gen portfolio excludes Bitcoin and contained seven funds as of August 31. Ether tops the allocation at 42.34%, with XRP next at 26.11% and Solana at 21.09%.

Combined, these three assets account for about 89% of the portfolio. Hyperliquid, a blockchain focused on trading whose Grayscale fund debuted in June, holds 5.76%. The remainder is divided among Chainlink, Avalanche, and Sui.

Grayscale imposes a 40% cap on any single asset and rebalances weights quarterly. Since the model launched on July 27, Ether has already exceeded that cap.

Underlying Funds Are Trading Below Their Launch Prices

XRP is currently around $1.42, up roughly 5% today and ranking fifth by market capitalization. Yet the Grayscale XRP Trust ETF trades 38.51% lower than its initial offering price.

In August, BeInCrypto reported that the trust sold $180 million worth of tokens in the first half of the year, recording a realized loss. Six out of seven funds in the model are trading below their original prices.

Since July 27, the model has posted a net gain of 30.69%. That performance covers just five weeks, with a strong August driving the returns; remaining data is unavailable.

"Advisors are increasingly looking for ways to bring digital assets into client portfolios without having to build and maintain allocations asset by asset," said Laurie Katz, Grayscale’s Global Head of Distribution, positioning the launch as a convenience-driven move.

Grayscale does not charge an additional fee for the model portfolios, while the underlying funds have an average expense ratio of 0.23%. The amount of capital that flows into the models will depend on whether advisors view Next Gen as a bet on emerging assets or simply a concentrated Ether and XRP position under a new label.