Grayscale Sells Over $180 Million Worth of XRP Amid Declining Market

The Grayscale XRP Trust ETF has sold over $180 million worth of XRP during the first half of 2026, according to a recent filing with the U.S. Securities and Exchange Commission (SEC).

The fund held 122.23 million XRP by the end of 2025 but reduced its holdings to 55.04 million XRP as of June 30, 2026.

The trust cashed out $180.78 million worth of XRP, selling 103.41 million tokens to redeem investor assets. This sale resulted in a loss for the fund, with Grayscale suffering a realized loss of $34.16 million on the XRP sale and an unrealized loss of $17.47.

The price of XRP has declined significantly from $1.84 at the start of 2026 to $1.05 on June 30, representing a drop of over 40% in just six months.