Grayscale’s XRP Fund Sees Quarter of Assets Walk Out in Single Day
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The Grayscale XRP Trust ETF, GXRP, suffered a sharp outflow of $55.4 million on January 21, 2026, as investors pulled capital amid renewed pressure on its underlying token. With assets under management now at $215.8 million, the latest redemption wave wiped out roughly 25.7% of the fund’s AUM in a single session, underscoring how quickly sentiment around XRP-linked products can reverse.
The scale of the outflows suggests institutional and sophisticated investors are reassessing exposure after a difficult quarter for XRP. Such a sizable one-day withdrawal is notable even in the volatile world of crypto-linked funds, and it raises questions about whether this marks a tactical de-risking move or the start of a longer rotation out of XRP-focused strategies.
The related asset, XRP-USD, is currently trading at $1.8702, having shed about 27.3% over the past three months. Despite its longer-term role as a high-beta proxy on broader digital asset sentiment, XRP’s near-term setup looks fragile, with the 1-day technical signal flashing a bearish tone: Strong Sell. That backdrop likely contributed to Monday’s heavy outflows, as traders lock in remaining gains or cut losses rather than ride out further downside.
Still, some market participants may view such capitulation-style moves as a potential precursor to a bottoming process, particularly if selling pressure abates and regulatory or macro headlines turn more supportive. For now, however, the message from GXRP flows is clear: risk appetite for XRP exposure has weakened markedly, and the fund’s trajectory will hinge on whether price action stabilizes in the weeks ahead.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.