Why companies associated with Grayscale are quietly selling off XRP and Solana

According to a report by Bijie Network: Recent filings submitted to the U.S. Securities and Exchange Commission (SEC) show that entities related to Grayscale and its parent company Digital Currency Group (DCG) are reducing their holdings in XRP and Solana investment products. On February 2, DCG sold 15,000 shares of Grayscale Solana Staking Trust (GSOL), worth approximately $115,000, and cumulatively sold 26,000 shares of GSOL over the past week. Similarly, DCG International Investments also sold 3,620 shares of Grayscale XRP Trust (GXRP), valued at about $115,000. These sales coincide with significant capital outflows from related ETFs and a broader market correction, indicating that investors are adopting defensive strategies amid declining prices of XRP and Solana.