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Grayscale’s XRP Trust sold $180M in XRP amid heavy redemptions in H1 2026, signaling weak demand.

Market News
09 Aug 2026
Dailycoin
View Source
Bearish
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Grayscale’s XRP Trust offloaded over $180 million worth of XRP in the first half of 2026 to cover investor redemptions, selling about 103 million XRP tokens. This forced sale led to roughly $34 million in realized losses and left the fund smaller as inflows failed to match outflows. The selling was mechanical due to the trust's structure, not discretionary, but highlights soft demand for XRP products amid a cooling market. Continued redemptions could pressure XRP prices further if demand remains weak.

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