Grayscale CEO Files to Sell XRP ETF Shares as GXRP Shrinks

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 …