Crypto
Grayscale sets XRP target weight at 26 percent in Next Gen model portfolio without bitcoin
Asset manager Grayscale set a 26.11 percent target weight for XRP in its Next Gen strategy, which excludes bitcoin, within its new model portfolio lineup for advisory firms. The company launched four strategies that use market-cap weighting and rebalance quarterly. In the Next Gen allocation as of Aug. 31, Ethereum had the largest share at 42.34 percent. In the Leaders strategy including bitcoin, XRP’s weight fell to 11.92 percent.