Foreign media reports that in its newly launched “Digital Assets Next Gen” portfolio, Grayscale has set the weight of XRP at 26.11%, second only to Ethereum. This makes XRP the second-largest holding in the portfolio, while Bitcoin is not included in it.
XRP rises to become the second-largest position held
Model portfolios are typically provided to financial advisors as ready-to-use asset allocation plans, which are then applied to client accounts. The article suggests that assigning more than a quarter of the weight to XRP in such products indicates that it holds a rather prominent position in this new portfolio.
Recently, ETF has had a strong cash flow.
The article mentions that at the time of this arrangement, the capital flow of XRP ETF was still relatively stable. Recently, the US XRP ETF saw a net inflow of about 19 million US dollars in a single week, while Bitcoin ETF experienced a significant outflow during the same period. Based on the recent capital flows in the US market, XRP ETF has performed better than Bitcoin, Ethereum, and Solana related products.
- In the grayscale model combination, XRP has a weight of 26.11%.
- XRP is the second-largest holding, second only to Ethereum.
- US spot XRP ETF is estimated to hold about 1.1 billion XRP.
The short-term impact is more on the configuration side.
The article argues that the weight settings in the model combination do not mean that financial advisors will buy XRP for clients in the same proportion, nor does it imply that related products will immediately receive additional funds. Therefore, this change may not be immediately reflected in prices.
However, the new model combination still provides traditional investors with an additional channel to access XRP. If the adoption rate among advisors increases in the future, the visibility of XRP in institutional setups may also continue to rise.
