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

TheNewsCryptoОпубліковано о 2026-01-27Востаннє оновлено о 2026-01-27

Анотація

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.

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Пов'язані питання

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.

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