The Grayscale XRP Trust ETF offloaded more than $180 million worth of XRP in the first half of 2026, according to a 10-Q filing the fund submitted to the U.S. Securities and Exchange Commission. The filing shows the fund's XRP holdings were cut from 122.23 million coins at the end of 2025 to 55.04 million coins as of June 30, 2026. Grayscale said the sell-down was driven by share redemptions, which forced the fund to dispose of XRP during a steep market downturn. Those sales produced a realized loss of $34.16 million. The fund also reported an additional unrealized loss of $17.47 million on its remaining XRP position. XRP's price fell from $1.84 to $1.05 over the same stretch, a drop of more than 40%. The filing shows the trust's XRP position shrank by more than half during the period, with redemptions and a sharp drop in XRP's price reflected in the fund's reported losses.
The Grayscale XRP Trust ETF sold more than $180 million worth of XRP in the first half of 2026, according to a 10-Q filing submitted to the U.S. Securities and Exchange Commission.
Holdings fell from 122.23 million XRP at the end of 2025 to 55.04 million coins as of June 30. The fund attributed the sell-down to share redemptions, which required it to offload XRP. Those disposals generated a realized loss of $34.16 million. On top of that, the fund reported an unrealized loss of $17.47 million on its remaining position.
XRP's price dropped from $1.84 to $1.05 over the same period, a decline of more than 40%. The filing gives a detailed look at how the trust's XRP position was cut by more than half while redemptions and a falling token price were reflected in the fund's losses for the period.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
