Grayscale’s Managing Director, Rayhaneh Sharif-Askary, has explained the role of XRP in crypto portfolios, highlighting diversification trends.
Ripple recently released a video featuring Sharif-Askary, offering insight into how XRP fits into a modern crypto portfolio as institutional interest in digital assets continues to expand.
Key Points
Grayscale says XRP is a “battle-tested” asset as a core currency in diversified crypto portfolios.
Investors are moving beyond Bitcoin and Ethereum, with XRP gaining traction as a key diversification option.
XRP ETFs are expanding access, drawing new investors and boosting institutional interest in the asset.
Grayscale predicts XRP could see improved pricing as clearer regulations emerge.
XRP Positioned as a Core Currency Asset
In the discussion, Sharif-Askary describes XRP as a “battle-tested” blockchain asset that has stood the test of time. Within Grayscale’s crypto sector framework, XRP falls under the currency segment, placing it alongside assets like Bitcoin for payments and value transfer.
She emphasized that different crypto assets serve distinct purposes, making diversification important for investors. As more market participants move beyond Bitcoin and seek broader exposure, XRP is becoming a key component in portfolio balancing.
Diversification Beyond Bitcoin and Ethereum
According to Sharif-Askary, investor behavior is evolving. While early adoption focused heavily on Bitcoin and later expanded to smart contract platforms like Ethereum, attention is now shifting toward the rest of the market.
She noted that roughly half of the crypto market cap exists outside of Bitcoin, prompting investors to consider assets like XRP for diversification. This shift reflects growing awareness of the “on-chain economy,” where value is created, transferred, and verified directly on blockchain networks.
XRP ETF Narrative Gains Momentum
A key highlight from the video is the impact of XRP ETFs. Sharif-Askary explained that XRP ETFs unlock access for entirely new classes of investors, mirroring the effect Bitcoin products saw.
Grayscale, known for pioneering crypto investment vehicles, continues to engage with regulators to advance ETF adoption. The firm has historically played a major role in bringing institutional-grade crypto exposure to traditional markets.
Currently, the firm offers an XRP spot ETF with the ticker GXRP, which launched in November 2025. The product has so far attracted $121 million in inflows.
More broadly, there are five XRP spot ETFs from Canary Capital, Bitwise, Franklin, and 21Shares. Together, these funds have attracted $1.21 billion in inflows and hold $1.02 billion in total assets.
Sharif-Askary pointed out that the current wave of adoption is only the beginning. With increasing regulatory clarity, rising institutional curiosity, and growing mainstream discussion around crypto, the ecosystem is entering a new phase of growth.
Grayscale Predicts XRP Repricing
In a separate interview, Grayscale’s Head of Research, Zach Pandl, said XRP could be repriced once clearer regulations emerge, potentially boosting its value. He noted that investors are already positioning ahead of policy changes, with clear rules likely to improve sentiment.
He highlighted the strong demand for XRP investment products, including Grayscale’s GXRP.
Ultimately, as investors look beyond Bitcoin and Ethereum, XRP is becoming an important option in the next phase of digital finance. Grayscale’s core message is that diversification is now key in crypto, and XRP is one of the assets driving that shift.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.