Another major ETF discloses massive XRP sale

The fund held 122.23 cardinal XRP by the extremity of 2025 but lowered the holdings to 55.04 cardinal XRP arsenic of June 30, 2026.

The spot cashed retired $180.78 cardinal worthy of XRP, selling 103.41 cardinal tokens to redeem capitalist assets.

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The spot created an further 36.27 cardinal successful XRP worthy $66.58 cardinal during the past six months. But the outflows exceeded the inflows.

The worth of the fund's XRP holdings declined from $223.36 cardinal successful December 2025 to $57.41 cardinal astatine the extremity of June 2026.

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Authorized participants of the Grayscale XRP Trust ETF are liable for creating and redeeming shares. The simplification successful XRP holdings of each stock was caused by the periodic withdrawals of XRP to conscionable the sponsor's fee.

Grayscale suffered a realized nonaccomplishment of $34.16 cardinal connected the XRP merchantability for the redemption of shares during H1 2026. The fund also posted an unrealized nonaccomplishment of $17.47 connected its XRP investment. It besides suffered a realized nonaccomplishment of $39,000 connected its XRP merchantability to offset expenses.

The terms of XRP has declined from $1.84 connected Jan. 1 to $1.05 connected June 30, a diminution of implicit 40%. At the clip of writing, the cryptocurrency was exchanging hands astatine $1.04.

Related: Crypto expert says everything hinges connected XRP holding cardinal support

This communicative was primitively published by TheStreet connected Aug 6, 2026, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.