Grayscale CEO Files to Sell GXRP ETF Shares, Becomes Third Insider to Cash Out
Source：
beincrypto.com
Previously, Founder Barry Silbert and Chief Legal Officer Craig Salm submitted similar applications in January this year, at which time the price per share was approximately $37; Mintzberg's selling price this time is approximately 45% lower than that. Notably, the number of GXRP outstanding shares plummeted from 5.79 million to 2.84 million over the past six months, a decrease of approximately 51%, reflecting that redemption pressure continues to exceed subscriptions. Currently, the total net assets of US spot XRP ETFs are approximately $971.6 million, with GXRP accounting for about 6%.
