Grayscale’s "Next Gen" Model Portfolio Gives XRP a 26% Weight, Leaves Out Bitcoin

Grayscale has rolled out four ready-made crypto model portfolios designed for financial advisors to deploy with clients, each built around a distinct mandate. The firm's "Digital Assets Core Plus" portfolio is positioned as a broad, foundational crypto allocation and holds Bitcoin [BTC], Ethereum [ETH], Solana [SOL], and Chainlink [LINK]. "Digital Assets Leaders" targets the five largest eligible crypto assets available through Grayscale's single-asset products. "Digital Assets Next Gen" aims to provide exposure to crypto assets beyond Bitcoin, spanning established and emerging projects. "Digital Assets Infrastructure" concentrates on tokens linked to protocols supporting areas such as smart contracts and tokenization. A notable feature is the heavy weighting given to Ripple's XRP in the "Digital Assets Next Gen" portfolio. As of August 31, the seven-asset sleeve allocated 42.34% to Ethereum, 26.11% to XRP, and 21.09% to Solana, with Bitcoin excluded. Together, those three positions make up roughly 90% of the portfolio. The remaining weight is distributed across Hyperliquid [HYPE], LINK, Avalanche [AVAX], and Sui [SUI]. Grayscale also applies a 40% cap per asset in the models. The portfolios are rebalanced quarterly, allowing allocations to shift as market capitalization and the eligible asset universe change. The launch follows Grayscale's filing of an amendment that could move its Litecoin Trust closer to an ETF structure. In market trading, XRP was changing hands around $1.40 at the time of reporting, up nearly 40% over the past month. Bitcoin traded at $76,846.10, up 22.1% over the same period, while Bitcoin dominance was testing resistance at 59.27% — a level where it has historically struggled to push higher. A break above that threshold could see Bitcoin continue to outperform altcoins; a rejection would point to capital rotating toward tokens such as XRP, Solana, and Ethereum. With the altcoin season index at 36 at press time, market conditions still favored Bitcoin. In brief: XRP receives a large allocation in Grayscale's "Digital Assets Next Gen" portfolio, while Bitcoin is not included.