Grayscale XRP ETF Sold $180M in Tokens During H1 2026 Amid Sharp Redemptions, Recording $34M Realized Loss

XRP-0.29%
According to Grayscale's SEC Form 10-Q filing, the Grayscale XRP Trust ETF sold $180.78 million worth of XRP tokens during the first half of 2026, with holdings declining from 122.23 million tokens at year-end 2025 to 55.04 million by June 30. The trust recorded realized losses of $34.16 million on the sold tokens, while net assets fell 74% to $57.41 million from $223.36 million in December. Outflows substantially exceeded inflows, as redemptions driven by declining prices and sponsor fees eroded the product's value.
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