Big Money Pulls Back From XRP: Grayscale’s GXRP Logs Nearly 9% Single-Day Outflow

Grayscale XRP Trust ETF sees near 9% AUM bleed as traders reassess altcoin risk

Grayscale XRP Trust ETF, ticker GXRP, suffered a sharp outflow of $5.86 million on March 10, 2026, underscoring renewed investor caution toward XRP exposure. The redemption equals roughly 8.98% of the fund’s $65.27 million in assets under management, a sizeable single-day hit that suggests larger holders are cutting positions rather than retail noise.

The related asset, XRP-USD, is currently trading at $1.3733 after a bruising three months in which it has dropped about 31.86%. Despite the drawdown, the 1-day technical signal remains a cautious Hold, indicating that momentum is weak but not yet convincingly bearish enough to trigger wholesale technical sell signals.

The scale of Monday’s outflows suggests that GXRP is being used as a tactical vehicle for trimming XRP risk rather than an outright capitulation on the token’s longer-term prospects. With nearly a tenth of AUM exiting in a single session, liquidity in the trust remains intact, but the move highlights how sensitive crypto-linked products are to shifts in sentiment following prolonged price slumps.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.