Major Altcoin ETFs See Sell-Offs by Grayscale Executives and Digital Currency Group

TheNewsCryptoPubblicato 2026-01-27Pubblicato ultima volta 2026-01-27

Introduzione

Senior executives at Grayscale and its parent company, Digital Currency Group (DCG), along with DCG International Investments, have sold significant portions of their holdings in several major cryptocurrency ETFs. Recent SEC filings reveal that Grayscale Chairman Barry Silbert and Chief Legal Officer Craig Salm sold shares in the Grayscale XRP Trust (GXRP). Additionally, DCG International sold positions in both the XRP Trust and the Grayscale Solana Staking ETF (GSOL), while DCG itself reduced its stake in the Grayscale Chainlink Trust ETF (GLNK). These sales suggest a potential shift in sentiment toward altcoin-based investment products. Despite these divestments, Grayscale continues to expand its ETF offerings, having recently filed for a BNB ETF and a NEAR ETF with the SEC. Meanwhile, the affected altcoins—XRP, SOL, and LINK—experienced mixed price movements and significant declines in trading volume, though their associated U.S. spot ETFs generally continued to see net inflows.

Grayscale officials, the firm’s parent company, Digital Currency Group, and DCG International Investments have recently cut their stakes in numerous high-profile crypto ETFs, indicating a possible shift in mood towards altcoin-linked investment products.

According to U.S. Securities and Exchange Commission (SEC) filings, Grayscale Chairman Barry Silbert and Chief Legal Officer Craig Salm sold significant portions of their shares in the newly listed Grayscale XRP Trust (GXRP), as Silbert sold 9158 shares, and Salm sold 7123 shares.

While the DCG International Investments offloaded positions in both Grayscale XRP Trust, with 3000 shares, and sold 18,862 shares of Grayscale Solana Staking ETF (GSOL).

Moreover, Grayscale’s parent company, Digital Currency Group, trimmed its 2,822 shares in the Grayscale Chainlink Trust ETF (GLNK).

These major altcoin ETFs’ cut coincides with Grayscale’s recent entry into the crypto ETF space, which has filed for BNB ETF and NEAR ETF this month with the SEC, which signals continued expansion, even with selective portfolio adjustments.

Altcoins See Price Swings with ETF Inflows

After hitting an intraday high of almost $1.93, XRP is currently trading at $1.88. The volume of trading has decreased by almost 28% throughout the day. According to CMC statistics, the XRP’s price has ranged between a low of $1.88 and a high of $1.93 over this time.

Also, the U.S. spot XRP ETFs continue to see positive flows. As of January 26, it recorded $7.76 million inflow, and the cumulative net inflow stands at $1.24 billion, as per SoSoValue Data.

SOL is currently up 1.25% from the previous day and trading at $123.93. The token’s price has fluctuated within a narrow range today, reaching a high of over $125 during intraday trading, while its 24-hour trading volume has fallen by about 44%.

While the U.S. spot Solana ETF saw inflows for the past week, on January 26, it recorded $2.46 million inflow, with the cumulative total net inflow of $875.84 million.

While LINK is also down, where it is trading at $11.86, as the intra-day high was reached at $12. Whereas the 24-hour trading volume is declining by more than 40% in activity. Even the U.S. spot LINK ETF has also recorded an inflow of $1.08 million after 3 days of no movement in funds.

Highlighted Crypto News Today:

‌Crypto Industry Targeted by North Korean Hackers Using AI Deepfake Meetings

Domande pertinenti

QWhich major altcoin ETFs have seen sell-offs by Grayscale executives and Digital Currency Group?

AGrayscale executives and Digital Currency Group have sold shares in the Grayscale XRP Trust (GXRP), Grayscale Solana Staking ETF (GSOL), and Grayscale Chainlink Trust ETF (GLNK).

QWhat was the specific amount of GXRP shares sold by Grayscale Chairman Barry Silbert?

AGrayscale Chairman Barry Silbert sold 9,158 shares of the Grayscale XRP Trust (GXRP).

QDespite the sell-offs, what action by Grayscale signals its continued expansion in the crypto ETF space?

ADespite the sell-offs, Grayscale's continued expansion is signaled by its recent filings with the SEC for a BNB ETF and a NEAR ETF.

QWhat was the net inflow recorded by U.S. spot XRP ETFs as of January 26, according to SoSoValue Data?

AAs of January 26, the U.S. spot XRP ETFs recorded a net inflow of $7.76 million, with a cumulative net inflow of $1.24 billion.

QHow did the 24-hour trading volume for SOL change on the day reported in the article?

AThe 24-hour trading volume for SOL fell by approximately 44% on the day reported in the article.

Letture associate

Three Months, 35 Billion Yuan: Investors Rush to Grab the OpenAI of the Physical World

Investors flock to a physical AI startup as the race for the "OpenAI of the physical world" heats up. Ji Jia Shi Jie (GigaWorld), a company dedicated to developing Artificial General Intelligence (AGI) for the physical world, has raised 3.5 billion RMB (approximately $490 million) in just three months, according to a report from investment media outlet Touzijie. The latest B2 funding round of 1 billion RMB attracted a wide range of top-tier investors, including sovereign wealth funds, industrial capital, and financial institutions. This brings the total funding for the young company, now valued over 10 billion RMB, to 3.5 billion RMB across three recent rounds. The company is led by Huang Guan, a post-90s Tsinghua University PhD with extensive experience in AI, autonomous driving, and entrepreneurship. Its core innovation is a "dual-pyramid" system comprising a five-layer data pyramid (from internet videos to real-world robot data) and a three-layer algorithm pyramid focused on world simulation, action alignment, and reinforcement learning. This system underpins its key models: the "World Action Model" (e.g., GigaBrain series for robot control) and the "World Generation Model" (e.g., GigaWorld series for simulating and understanding the physical world). Its models have reportedly achieved top rankings in global robotics benchmarks. Ji Jia Shi Jie argues that while current digital AGI excels in information processing, the next frontier is physical AGI—systems that can understand and interact with the real world. The company believes the field is approaching its "GPT-3 moment," a key inflection point in capability scaling. To achieve this, the company is pursuing a dual-market strategy. For the consumer (C) market, it launched the "SeeLight" brand and its S1 general-purpose humanoid robot, which has secured initial orders for deployment in real homes. For the business (B) market, it focuses on industrial automation with its Maker series robots, having signed agreements for large-scale deployment in factories, and its DriveDreamer world model for autonomous driving, which is already in use with over 30 automakers and tech companies. The report concludes that by bridging the gap between digital intelligence and physical action, Ji Jia Shi Jie aims to unlock a new wave of productivity, ultimately bringing physical AGI into everyday life.

marsbit6 min fa

Three Months, 35 Billion Yuan: Investors Rush to Grab the OpenAI of the Physical World

marsbit6 min fa

What's the Connection Between Pinduoduo's Huang Zheng and Blockchain?

This text explores the unexpected connection between Pinduoduo founder Colin Huang and blockchain, as suggested in his article *Turning Capitalism Upside Down*. Huang argues Pinduoduo's core business is about managing "uncertainty." He posits that wealth flows to the rich because they absorb life's uncertainties (e.g., illness, job loss) that devastate the poor, who pay a premium for certainty through insurance or stable prices. Pinduoduo's model attempts a "reverse insurance": by aggregating consumer demand via group-buying and flash sales, it creates a large, predictable order for manufacturers. This certainty allows factories to remove risk premiums, passing savings back as lower prices, thus partially reversing the wealth flow. The key obstacle, Huang notes, is that an individual's buying intent is an unreliable promise. He then asks if blockchain is the natural solution for this "reverse insurance." The text elaborates that blockchain, through smart contracts with binding deposits, could transform casual intent into a costly-to-break, enforceable commitment. This replaces interpersonal trust with coded rules, making promises credible, pricable, and resistant to fraud. Finally, the author draws a parallel to Bitcoin, framing two paths to creating certainty: the "Pinduoduo path" of aggregating decentralized will into scale, and the "Bitcoin path" of locking rules into immutable code. Both sacrifice something—personal freedom or system flexibility—to manufacture trust and predictability.

链捕手1 h fa

What's the Connection Between Pinduoduo's Huang Zheng and Blockchain?

链捕手1 h fa

The Storage Magnate Who Conquered a Trillion-Dollar Kingdom, Yet Ultimately Could Not Become the Richest

**Summary:** "The Memory Magnate Who Built a Trillion-Dollar Empire, Yet Never Became the Richest" explores the journey of Zhu Yiming, founder of GigaDevice (603986) and co-founder of the soon-to-IPO ChangXin Memory Technologies (CXMT). The article positions GigaDevice, a fabless chip designer now valued at ~¥340 billion, as a prequel to the massive IDM (Integrated Device Manufacturer) venture, CXMT. Starting in 2005 with minimal capital, Zhu strategically "picked up the pieces" by focusing on niche markets like NOR Flash and microcontrollers (MCUs), areas major players were exiting. This allowed GigaDevice to grow into a diversified semiconductor company, maintaining robust profitability even during industry downturns by controlling costs. However, the piece argues that in the highly cyclical and capital-intensive memory chip industry, the fabless model has limits. True resilience and scale require the ability for "counter-cyclical expansion" – investing heavily during downturns – a tactic only possible for IDMs like Samsung or SK Hynix. This insight led Zhu to partner with the Hefei city government in 2016 to establish CXMT, an IDM focused on DRAM. Zhu's symbolic moves, like forfeiting salary and diluting his equity, were crucial in securing the massive state and bank funding needed. CXMT's equipment base is now valued even higher than that of BYD's vast auto manufacturing empire. Despite the potential for CXMT to reach a market cap of ¥1-2 trillion upon its IPO, Zhu's indirect stake in both companies is estimated below 3%, placing his personal wealth far below that of China's top billionaires. The article concludes that his strategic vision built a trillion-yuan memory landscape, but the capital structure necessary to achieve it precluded a personal fortune of similar scale.

marsbit1 h fa

The Storage Magnate Who Conquered a Trillion-Dollar Kingdom, Yet Ultimately Could Not Become the Richest

marsbit1 h fa

Token Of Power Governance Exploit Drains $1.58 Million In WETH, TRM Says

Blockchain intelligence firm TRM Labs reports a governance exploit against the Token of Power protocol, resulting in a loss of approximately $1.58 million in WETH. The attacker exploited a missing timelock in the protocol's Aragon DAO setup, allowing them to propose, vote on, and execute a malicious action within a single block. The attacker funded the operation with 662 ETH from Tornado Cash, purchased enough TOP tokens to gain majority voting power, minted 10 billion new TOP tokens, and swapped them for WETH via a Balancer pool before moving funds back through Tornado Cash. The incident underscores that governance design is a critical security risk in DeFi, where parameters like timelocks provide essential reaction time. It also highlights how mixers and liquidity pools can be utilized in exploits without being directly compromised. Observers are now watching for any movement of the stolen funds and further remediation details from involved parties. This event is part of a broader shift in crypto, emphasizing the importance of underlying infrastructure, security, and governance alongside market movements.

bitcoinist4 h fa

Token Of Power Governance Exploit Drains $1.58 Million In WETH, TRM Says

bitcoinist4 h fa

XRP Ledger Daily Fees Drop Below $400 As Network Activity Question Returns

The XRP Ledger is drawing attention as daily network fees have fallen below $400. While low fees align with XRPL's design for affordable transactions and are often seen as a strength, the metric can also serve as an indicator of network demand and paid transaction volume. This data point of around $3,100 in weekly fee burn highlights the stark contrast with higher-fee chains like Ethereum and Bitcoin. The development fuels an ongoing debate. Proponents view low fees as a sign of efficiency and accessibility, while critics may question if the network is generating sufficient high-value activity relative to its market cap and payments-focused narrative. The article cautions against overstating the finding, noting a single low-fee day does not signify network failure. It instead adds context to discussions about XRPL's usage, especially alongside Ripple's broader initiatives in stablecoins (RLUSD), AI payments, and enterprise infrastructure. The report recommends monitoring for a fee rebound, checking transaction counts for a fuller picture, and confirming the trend via native explorers like Bithomp. It frames the story within a larger market shift where on-chain data, protocol updates, and infrastructure developments are becoming crucial alongside price action. The editorial stance is to present the verified data, explain its significance for assessing network activity, and avoid hype, positioning it as part of the daily crypto conversation.

bitcoinist6 h fa

XRP Ledger Daily Fees Drop Below $400 As Network Activity Question Returns

bitcoinist6 h fa

Trading

Spot

Futures