Grayscale XRP Trust ETF
GXRP
18 hedge funds and large institutions have $21.4M invested in Grayscale XRP Trust ETF in 2026 Q1 according to their latest regulatory filings, with 15 funds opening new positions, increasing their positions, 1 reducing their positions, and 4 closing their positions.
5,688% more call options, than puts
Call options by funds: $463K | Put options by funds: $8K
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
125% more funds holding
Funds holding: 8 → 18 (+10)
29.82% more ownership
Funds ownership: 0% → 29.82% (+30%)
44% less capital invested
Capital invested by funds: $38.4M → $21.4M (-$17M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ISS
Intesa Sanpaolo SpA.
Turin,
Italy
|
+$22.3M |
| 2 |
Millennium Management
New York
|
+$1.33M |
| 3 |
GCM
Gallacher Capital Management
Lone Tree,
Colorado
|
+$875K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$465K |
| 5 |
IWA
Inspirion Wealth Advisors
Libertyville,
Illinois
|
+$373K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$38M |
| 2 |
IFG
Independent Financial Group
San Diego,
California
|
-$355K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$10.7K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$10.6K |
| 5 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$1.56K |
GXRP Hedge Fund Activity: Q1 2026 in Review
18 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Grayscale XRP Trust ETF (GXRP) for Q1 2026, worth a combined $21.4M — down 44% from $38.4M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GXRP positions and 4 closed out — a net gain of 11 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Intesa Sanpaolo SpA., opening a new position worth an estimated $22.3M. The largest seller was Goldman Sachs, exiting entirely with an estimated $38M sold.
- 18 institutional investors held Grayscale XRP Trust ETF (GXRP) as of Q1 2026, up from 8 in Q4 2025.
- Funds reported $21.4M of Grayscale XRP Trust ETF stock for Q1 2026, down 44% quarter-over-quarter.
- 15 funds opened new Grayscale XRP Trust ETF positions in Q1 2026 and 4 closed out, a net change of +11 holders.
- The largest Grayscale XRP Trust ETF buyer in Q1 2026 was Intesa Sanpaolo SpA., an estimated $22.3M added.
- The largest Grayscale XRP Trust ETF seller in Q1 2026 was Goldman Sachs, an estimated $38M sold.
Based on aggregated 13F filings for Q1 2026.