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The Grayscale XRP Trust ETF sold 103.41 million XRP tokens worth $180.78 million in the first half of 2026, a new SEC filing shows, with investor redemptions driving the bulk of the exit.
The fund's total holdings fell from $223.36 million in December 2025 to $57.41 million by June 30, a period in which $XRP lost more than 40% of its value.
The case for calling this routine mechanics sits in tension with a $34.16 million realized loss on those sales. What the filing shows The trust entered 2026 holding 122.23 million XRP.
By the end of June, that position had been cut to 55.04 million tokens. Authorized participants did create new shares during the period: 36.27 million XRP worth $66.58 million was added to the trust.
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