Grayscale Unloads $180M Worth of XRP Amid Investor Redemptions

The Grayscale XRP Trust ETF has revealed that it sold off $180.78 million worth of Ripple's XRP in the first six months of 2026, according to a new SEC Form 10-Q filing.

This massive sale is attributed to investor redemptions, which had a significant impact on the trust's XRP holdings. At the end of 2025, Grayscale held 122.23 million XRP, but as of June 30, 2026, that number dropped to 55.04 million.

The net asset value of the trust also took a hit, decreasing from $223.36 million at the end of December to $57.41 million at the end of June. Despite some new inflows, the outflows were much larger, leading to a significant decrease in XRP holdings.