Grayscale-Linked Firms Sell XRP and Solana Holdings as ETF Outflows Rise

TheNewsCryptoPubblicato 2026-02-03Pubblicato ultima volta 2026-02-03

Introduzione

Grayscale's parent company, Digital Currency Group (DCG), and its affiliate, DCG International Investment Ltd., are selling their holdings in Grayscale's Solana and XRP ETFs. This was disclosed in recent SEC filings and coincides with a broader crypto market decline of approximately $5 billion. DCG sold 26,000 shares of the Grayscale Solana Staking ETF (GSOL) as Solana's price fell below $100. Simultaneously, DCG International sold 15,000 shares of the Grayscale XRP ETF (GXRP), contributing to significant outflows from these funds. These sales are presented as portfolio adjustment moves in response to market conditions rather than a shutdown of the products, signaling a cautious institutional sentiment towards these major altcoins.

Grayscale-linked companies are quietly selling their exposure to XRP and Solana when the crypto market is under pressure. The investors started pulling money out of the Altcoin ETFs, according to the recent U.S. regulatory filings. The sales come after the crypto market is wiping out around $5 billion in value, and ETF outflows signal weakening institutional confidence in some major altcoins.

The two key firms, such as Digital Currency Group (DCG), which is Grayscale’s parent company, and DCG International Investment Ltd, which is the DCG-linked investment entity, are the sellers. Both companies disclosed their sales through official U.S SEC Form 144 filings, which are required when insiders sell securities.

DCG reduces Solana Exposure

DCG sold 15,000 shares of the Grayscale Solana Staking ETF (GSOL) for about $115,440. This sale happened on Feb 2, and the trade was handled by Canaccord Genuity. These shares were originally bought in January 2025, and over the past week, DCG has sold 26,000 GSOL shares in total. This activity coincides with Solana’s price dropping below $100 with 16% dip in one week, which caused around $5.5 million to be left from the Solana ETF.

DCG International cuts XRP ETF holdings

DCG International Investment Ltd sold 3,620 shares of the Grayscale XRP ETF (GXRP) worth around $115,070. The sale took place on February 2, and these shares were acquired in September 2024. The firm sold 15,000 GXRP shares last week alone. XRP ETFs faced strong selling pressure, and the price dropped below $1.60. The grayscale XRP ETF alone lost $98.39 million, with total XRP ETF outflows reaching $92.92 million.

These moves do not mean Grayscale is shutting down XRP or Solana products. They show that the firms are adjusting their positions according to market conditions. ETF outflows suggest that investors are becoming more cautious, and insider sales usually reflect portfolio adjustments.

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Domande pertinenti

QWhich Grayscale-linked firms are selling their XRP and Solana holdings according to the article?

ADigital Currency Group (DCG), which is Grayscale's parent company, and DCG International Investment Ltd, a DCG-linked investment entity.

QWhat was the value of the GSOL shares sold by DCG on February 2nd?

ADCG sold 15,000 shares of the Grayscale Solana Staking ETF (GSOL) for about $115,440.

QHow much did the Grayscale XRP ETF (GXRP) lose, according to the regulatory filings?

AThe Grayscale XRP ETF alone lost $98.39 million.

QWhat do the ETF outflows and insider sales signal about institutional confidence?

AThe ETF outflows signal weakening institutional confidence in some major altcoins, and the insider sales reflect portfolio adjustments in response to market conditions.

QDoes the selling activity mean that Grayscale is shutting down its XRP or Solana products?

ANo, the moves do not mean Grayscale is shutting down XRP or Solana products. They show that the firms are adjusting their positions according to market conditions.

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