Grayscale Just Made XRP 26% of Its New Portfolio for Advisors

Source Beincrypto

Grayscale handed financial advisors a ready-made crypto allocation on Monday, and XRP (XRP) took 26.11% of it. The token is the second-largest holding in the firm’s new Digital Assets Next Gen model portfolio.

A model portfolio is a published recipe. Grayscale picks the assets and the weights, and an advisor copies that mix into client accounts using the firm’s exchange-traded funds.

XRP Sits Second in a Portfolio Built Without Bitcoin

The Next Gen model leaves Bitcoin out and held seven funds as of August 31. Ether leads at 42.34%, XRP follows at 26.11%, and Solana takes 21.09%.

Grayscale's New Crypto Portfolios Grayscale’s New Crypto Portfolios. Source: Grayscale

Those three fill roughly 89% of the basket. Hyperliquid, a trading-focused blockchain whose Grayscale fund listed only in June, takes 5.76%. Chainlink, Avalanche, and Sui split what is left.

Grayscale caps any one asset at 40% and resets the weights every three months. Ether has already drifted past that cap since the model started on July 27.

The Funds Behind It Have Been Losing Money

XRP trades near $1.42, up about 5% on the day and fifth by market value. The Grayscale XRP Trust ETF, however, sits 38.51% below its launch price.

BeInCrypto reported in August that the same trust sold $180 million in tokens during the first half of the year at a realized loss. Six of the model’s seven funds trade below where they started.

The model itself shows a 30.69% net gain since July 27. That is five weeks of history built on one strong August, and the rest of the return table is empty.

Grayscale Returns on Model Portfolio. Source: GrayscaleGrayscale Returns on Model Portfolio. Source: Grayscale

“Advisors are increasingly looking for ways to bring digital assets into client portfolios without having to build and maintain allocations asset by asset,” Laurie Katz, Grayscale’s Global Head of Distribution, framed the launch around convenience.

Grayscale charges no separate fee for the models, and the underlying funds average 0.23%. Whether advisors read Next Gen as emerging assets or as a large ether and XRP bet under a different name will decide how much money follows.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Silver Price Forecast: XAG/USD falls to near $63.50 amid Fed hike bets, higher oil pricesSilver price (XAG/USD) loses its gains from the previous day, trading around $63.50 per troy ounce during Asian hours on Monday. Non-yielding Silver is currently facing significant headwinds driven by rising Federal Reserve (Fed) rate-hike expectations for the upcoming September decision.
Author  FXStreet
10 hours ago
Silver price (XAG/USD) loses its gains from the previous day, trading around $63.50 per troy ounce during Asian hours on Monday. Non-yielding Silver is currently facing significant headwinds driven by rising Federal Reserve (Fed) rate-hike expectations for the upcoming September decision.
placeholder
Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
Author  Suzie
13 hours ago
A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
placeholder
Brent tests $108 as a key export pipeline stays shut — can the rally clear $110?Brent crude rose 2.55% to $106.97 and WTI 2.32% to $102.30 as a major regional export pipeline remained offline with no restart timeline. Front-month backwardation has widened to $5.53 from $3.84 a week ago, European gas is at its highest since December 2022, and one analyst sees $119.48 if talks stall.
Author  Irene Q.
13 hours ago
Brent crude rose 2.55% to $106.97 and WTI 2.32% to $102.30 as a major regional export pipeline remained offline with no restart timeline. Front-month backwardation has widened to $5.53 from $3.84 a week ago, European gas is at its highest since December 2022, and one analyst sees $119.48 if talks stall.
placeholder
TradingKey Daily Market Briefing: CPI Data Boosts Rate Hike Expectations, Geopolitical Risks Spark Oil Price SurgeTracking Market TrendsTradingKey - The three major U.S. stock indices rose across the board last Friday, with the Dow Jones Industrial Average rising 0.98%, the Nasdaq Composite Index gaining 0.96%, a
Author  TradingKey
19 hours ago
Tracking Market TrendsTradingKey - The three major U.S. stock indices rose across the board last Friday, with the Dow Jones Industrial Average rising 0.98%, the Nasdaq Composite Index gaining 0.96%, a
placeholder
Gold Price Forecast: PPI and Oil Prices Fuel Inflation Concerns, Can CPI Change Gold's Direction?As of the Asian session on September 11, gold prices (XAUUSD) remained in weak consolidation today after dropping sharply to near $4,300 on Thursday, with the latest price trading around
Author  TradingKey
Sep 11, Fri
As of the Asian session on September 11, gold prices (XAUUSD) remained in weak consolidation today after dropping sharply to near $4,300 on Thursday, with the latest price trading around
goTop
quote