Key facts
- The Grayscale XRP Trust ETF sold over $180 million in XRP.
- The sales occurred in the first six months of 2026.
- The trust experienced a decline in its net asset value.
- XRP's price downturn contributed to the NAV decline.
- Share redemptions also contributed to the NAV decline.
- The trust reported significant realized and unrealized losses.
The Grayscale XRP Trust ETF has offloaded over $180 million worth of XRP in the initial six months of 2026. This significant sell-off was detailed in a recent filing submitted to the U.S. Securities and Exchange Commission (SEC). The trust's net asset value (NAV) has seen a notable decline, a situation exacerbated by a downturn in XRP's market price. In addition to the price depreciation, the trust also faced substantial share redemptions, further impacting its overall value. Consequently, Grayscale reported significant realized and unrealized losses within the trust during this reporting period. The specific figures for these losses were not detailed in the provided summary, but their impact on the trust's performance was described as significant.