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

• Grayscale insiders cut XRP and Solana holdings amid ETF outflows.
• Sales signal softens institutional confidence in 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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