Social media posts on Monday suggested that Grayscale had just launched its Grayscale XRP Trust ETF (GXRP), but the fund is not new: it began trading on NYSE Arca in November 2025. The more notable development is that Grayscale has assigned XRP a 26.11% weighting in its new Digital Assets Next Gen model portfolio.
This makes XRP the second-largest position in the portfolio, behind Ethereum, while Bitcoin is conspicuously absent. Model portfolios are vehicles designed to give financial advisors ready-made asset allocations they can integrate into client strategies, so placing more than a quarter of the Next Gen portfolio in XRP puts the token in an unusually prominent institutional role.
Grayscale already provides direct XRP exposure through GXRP, which holds XRP and lets investors buy shares via traditional brokerage accounts. The fund charges a 0.35% sponsor fee, and shareholders get price exposure without managing wallets or custody tokens themselves, although owning GXRP shares is not equivalent to directly owning XRP.
The timing matters because XRP ETF demand has stayed resilient while other crypto funds struggle. U.S. XRP ETFs recently pulled in about $19 million in weekly inflows, while Bitcoin ETFs recorded substantial withdrawals. XRP ETFs have outperformed Bitcoin, Ethereum and Solana products in recent U.S. flows, and estimates suggest spot XRP ETFs collectively hold roughly 1.1 billion XRP.
That growing institutional pool helps explain why Grayscale's latest allocation is significant: XRP is no longer merely available through institutional products, but is increasingly being placed directly into portfolio strategies. The model weighting does not force advisors to allocate 26% of client assets to XRP, and it does not guarantee automatic inflows into GXRP, but it creates an additional route for traditional investors to gain XRP exposure.
