[DigitalToday reporter Yoonseo Lee (이윤서)] Asset manager Grayscale presented a 26.11 percent target weight for XRP under its Next Gen strategy, which excludes bitcoin, in a new model portfolio for investment advisory firms. It was the second-highest weighting after Ethereum.

On Sept. 16 (local time), blockchain media outlet Cryptopolitan reported that Grayscale launched an integrated lineup of model portfolio products on Sept. 14 covering asset selection, weight adjustments, diversification and rebalancing. It provides them to advisory firms through financial platforms, and leaves it to firms to decide how they are used for actual investment.

The lineup consists of four strategies: Core Plus, Leaders, Next Gen and Infrastructure. Each strategy applies a market-cap-weighted approach and rebalances quarterly.

Next Gen is a strategy that invests in digital assets excluding bitcoin. In an allocation table as of Aug. 31, Grayscale XRP Trust ETF (GXRP) accounted for 26.11 percent. Grayscale Ethereum Staking Mini ETF was the largest at 42.34 percent. It was followed by Solana Staking ETF at 21.09 percent, Hyperliquid Staking ETF at 5.76 percent, Chainlink Trust ETF at 2.66 percent, Avalanche Staking ETF at 1.08 percent and Sui Staking ETF at 0.96 percent.

By sector, XRP accounted for 26.11 percent, the full weighting of the 'currency' segment, while smart contract platforms made up 65.47 percent. Returns since inception were presented as 30.69 percent, but long-term performance has not yet been disclosed.

In the Leaders strategy that includes bitcoin, XRP's weighting fell to 11.92 percent. The strategy tracks the top 5 eligible assets held in single-asset Grayscale exchange-traded products (ETPs). Ethereum accounted for 38.57 percent and bitcoin for 37.25 percent, together making up more than three quarters of the total. XRP ranked third, followed by Solana at 9.63 percent and Hyperliquid at 2.63 percent.

Comparing the two strategies, Next Gen's XRP weighting excluding bitcoin is more than double that of Leaders. It means XRP's share of the portfolio varies widely depending on whether bitcoin is included.

The launch is significant in that it expands Grayscale's product distribution from individual funds to model portfolios. Companies are expected to be able to use pre-built allocations to review the weighting of digital assets including XRP in line with clients' investment objectives.