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Grayscale CEO Files to Sell XRP ETF Shares as GXRP Shrinks

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The post Grayscale CEO Files to Sell XRP ETF Shares as GXRP Shrinks appeared first on Coinpedia Fintech News

Grayscale, the crypto asset manager overseeing more than $35 billion in assets under management (AUM), has disclosed that CEO Peter Mintzberg plans to sell 2,611 shares of the company’s XRP ETF. The filing comes as XRP trades near $1.09, raising questions about investor demand and the ETF’s weaker position in the market. Grayscale CEO Moves …

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