Grayscale’s GXRP Trust Hit by $2.3 Million Exit as XRP Rout Tests Investor Nerves

Grayscale XRP Trust ETF’s GXRP Sees Investors Pull Back $2.31 Million as XRP Slide Deepens.

Grayscale XRP Trust ETF reported outflows of $2.31 million on March 31, 2026, a notable redemption for GXRP given its relatively modest scale. The trust now manages $61.41 million in assets under management, meaning roughly 3.76% of its capital base walked out the door in a single day.

The related asset, XRP-USD, is currently trading at $1.3816 after a bruising quarter that saw the token tumble about 38% over the past three months. Despite that drawdown, the short-term technical picture remains indecisive, with a 1-day signal flashing Hold, suggesting traders are pausing rather than capitulating.

The sizeable single-day redemption underscores how sentiment toward XRP-linked products has cooled as the token underperforms broader digital asset benchmarks. Yet with a Hold signal and a still substantial AUM base, the latest outflow may reflect tactical profit-taking or risk reduction rather than a wholesale exit from XRP exposure.

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