BlockBeats News, July 29th, Grayscale CEO Peter Mintzberg filed Form 144 with the U.S. Securities and Exchange Commission to sell 2,611 shares of the Grayscale XRP Trust ETF (GXRP), with a total value of approximately $53,400, equivalent to $20.45 per share.

Previously, founder Barry Silbert and Chief Legal Officer Craig Salm had submitted a similar application in January of this year, with a price of about $37 per share at that time. Mintzberg's selling price this time is about 45% lower. It is worth noting that the circulating shares of GXRP have plummeted from 5.79 million shares to 2.84 million shares in the past six months, a decrease of about 51%, reflecting ongoing redemption pressure greater than subscriptions. The total net assets of the U.S. spot XRP ETF are currently around $9.716 billion, with GXRP accounting for approximately 6%.