Grayscale $XRP Sells Over $180M From $XRP Trust ETF
Grayscale announced that it cashed out $180.78 million worth of $XRP in the first six months of 2026, in a new SEC Form 10-Q filing. The filing indicates that the trust sold off 103.41 million $XRP for the purpose of redeeming its investors’ assets. The redemptions had a major impact on the ETF’s $XRP holdings.
Breakdown of Grayscale $XRP ETF Trust holdings. Source: SEC
According to the filing, the Grayscale GXRP ETF Trust had 122.23 million $XRP in its possession at the end of 2025. As of June 30, 2026, the holdings have been reduced to 55.04 million $XRP. Their market value of the holdings also crashed. Net assets decreased from $223.36 million at the end of December to $57.41 million at the end of June.
Grayscale announced that it cashed out $180.78 million worth of $XRP in the first six months of 2026, in a new SEC Form 10-Q filing. The filing indicates that the trust sold off 103.41 million $XRP for the purpose of redeeming its investors’ assets. The redemptions had a major impact on the ETF’s $XRP holdings.
Breakdown of Grayscale $XRP ETF Trust holdings. Source: SEC
According to the filing, the Grayscale GXRP ETF Trust had 122.23 million $XRP in its possession at the end of 2025. As of June 30, 2026, the holdings have been reduced to 55.04 million $XRP. Their market value of the holdings also crashed. Net assets decreased from $223.36 million at the end of December to $57.41 million at the end of June.