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Grayscale’s GXRP Draws Nearly $10 Million in New Cash as XRP Bulls Buy the Dip

Grayscale’s GXRP Draws Nearly $10 Million in New Cash as XRP Bulls Buy the Dip

Grayscale’s XRP Trust Sees Fresh Inflows as Traders Bet on a Rebound

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The Grayscale XRP Trust ETF, GXRP, attracted $9.89 million in new capital on January 06, 2026, marking a notable vote of confidence in the product despite recent weakness in its underlying asset. The latest flow represents roughly 3.36% of the fund’s assets under management, which now stand at $294.36 million, a sizeable single-day shift for a niche crypto-linked vehicle.

The related asset, XRP-USD, is currently trading at $2.24. Over the past three months, XRP has dropped about 20.6%, underscoring the volatility and drawdowns that have dogged many altcoins even as broader digital-asset benchmarks have stabilized. Yet the short-term picture looks more constructive: the 1-day technical signal for XRP is flashing a Buy, suggesting near-term momentum traders see scope for a bounce from recent lows.

The combination of negative three-month performance and renewed ETF inflows points to investors using GXRP as a tactical entry point, effectively treating recent price weakness as a discount rather than a warning sign. With inflows accounting for more than 3% of total AUM in a single day, the move hints at growing risk appetite among crypto-focused investors who are willing to lean into volatility in search of outsized returns.

Whether GXRP’s latest inflow proves prescient or premature will depend on XRP’s ability to convert short-term technical strength into a sustained reversal of its recent downtrend. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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