Investors poured millions back into Grayscale’s XRP fund, but a $16.8M market hit instantly wiped out the comeback
Grayscale XRP Trust ETF (GXRP) clawed back 480,000 shares in Q2, protecting 12.2% of its derived 3.94 million-share first-quarter contraction. The fund’s Aug. 4 Form 10-Q exhibits 510,000 shares issued and 30,000 redeemed throughout the quarter. The six-month ledger exhibits the true dimension of the hole. GXRP issued 1.87 million shares and redeemed 5.33 million,…
