Grayscale launched a set of four model portfolios for financial advisers on September 14, and one of them—the Digital Assets Next Gen model—assigns the Grayscale XRP Trust ETF a 26.11% weight, placing XRP above Solana and behind only Ether within a strategy that deliberately excludes Bitcoin. The launch was announced via GlobeNewswire.

According to an allocation snapshot dated August 31, 2026, the Grayscale Ethereum Staking Mini ETF leads the model at 42.34%, followed by the Grayscale XRP Trust ETF at 26.11% and the Grayscale Solana Staking ETF at 21.09%. Together, the three positions account for 89.54% of the portfolio, which is built from seven ETPs in total.

The weighting makes XRP the model's second-largest exposure and gives it a larger allocation than Solana. Grayscale's construction does not rank the assets by expected returns, and it does not amount to a prediction that XRP will outperform the other holdings.

A recipe, not a fund

A model portfolio gives advisers a predefined mix of investments they can consider for client accounts. As described on Grayscale's model portfolios page, the firm has selected the products, calculated their weights and set a quarterly rebalancing process, sparing advisers the task of designing a crypto allocation from scratch. The format is a longstanding fixture of traditional wealth management, where asset managers publish target mixes that advisory platforms can implement across many client accounts, and Grayscale is applying that same wrapper to digital-asset ETPs.

The model itself is not a single investable fund. Advisers implementing it would buy shares of its constituent ETPs, including the Grayscale XRP Trust ETF, rather than hold XRP directly in a client's wallet.

Grayscale says it charges advisers and their clients no direct advisory fee for using the models. The underlying ETPs nonetheless carry their own expenses, including sponsor fees, which remain part of the investor's total cost.

As an illustration: an adviser who placed 3% of a $100,000 portfolio into the Next Gen strategy would, at the published weights, produce roughly $783 of XRP-linked exposure—26.11% of the hypothetical $3,000 allocation. The 3% figure is an example only, not a recommendation from Grayscale or Coindoo.

What the 26.11% shows—and what it does not

The 26.11% weight confirms that Grayscale has made its XRP ETF one of the largest positions in a Bitcoin-free strategy intended for adviser platforms. Advisers can adopt the predefined weight without independently deciding how much XRP exposure to hold alongside Ether, Solana and the smaller positions.

What the number does not reveal is adoption. It says nothing about how many advisers have implemented the model, how much client money follows it, or whether the launch has generated new XRP demand. Grayscale's parent company supplied the strategies' initial capital, while advisers retain discretion over their clients' accounts.

Bitcoin's absence inflates XRP's share

XRP's 26.11% allocation belongs to a strategy that removes Bitcoin, the asset that typically occupies one of the largest positions in a crypto portfolio. Excluding it leaves a larger share for the remaining eligible assets.

The effect is clearer when Next Gen is compared with Grayscale's Digital Assets Leaders model, which includes Bitcoin. In Leaders, XRP exposure accounts for 11.92%, behind Ether at 38.57% and Bitcoin at 37.25%, with Solana at 9.63% and Hyperliquid taking the remaining 2.63%.

XRP's weight therefore more than doubles when Bitcoin is removed. That outcome stems primarily from the two models holding different eligible assets and should not be read as a signal that XRP will outperform Bitcoin.

Grayscale describes Next Gen as market-cap weighted, rebalanced quarterly, and able to hold up to 10 eligible assets. Its composition can shift as relative market values move or as the range of eligible products develops.

A methodology question around Ether's weight

Grayscale states that each asset in the model is subject to a 40% limit, yet the August 31 snapshot places Ether at 42.34%. The published materials do not explain whether the difference reflects price movement after a rebalance or another timing issue.

The discrepancy should be treated as an unresolved methodology detail rather than evidence that Grayscale abandoned the cap. It also underscores why the August 31 figures should be presented as a dated snapshot rather than permanent portfolio weights.

Adoption will decide the model's significance

The 26.11% allocation establishes XRP's place in Grayscale's Bitcoin-free methodology, but it does not measure investor demand. Meaningful evidence will come from adviser-platform availability, reported implementation in client accounts and future allocation updates. With rebalancing set quarterly, these weights are scheduled for revision on a known calendar, so subsequent snapshots—not the August 31 figures—will show how the allocation actually evolves.

Until those figures emerge, the launch illustrates how Grayscale would structure non-Bitcoin crypto exposure—not how much adviser money has entered XRP.

This article is provided for informational purposes only and does not constitute financial or investment advice. The allocations cited are dated August 31, 2026, and may change at future rebalances.

This article originally appeared on Coindoo.