Grayscale XRP Trust ETF outflows deepen as traders reassess token slump
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Grayscale XRP Trust ETF, GXRP, saw fresh outflows of $5.86 million on March 10, 2026, underscoring renewed caution around XRP-linked products. The latest redemption, equal to about 8.8% of the fund’s $66.6 million in assets under management, marks a sizable single-day pullback for a niche crypto exposure vehicle.
The related asset, XRP-USD, is currently trading at $1.5125 after shedding roughly 20.9% over the past three months, a decline that has left momentum fragile. Despite the drawdown, the token’s 1-day technical signal remains a cautious Hold, suggesting traders are waiting for clearer direction rather than capitulating outright.
The size of GXRP’s latest outflow relative to its AUM hints at institutional investors trimming risk after XRP’s sustained underperformance versus broader digital assets. Yet the absence of a decisive technical break in XRP may also indicate that some market participants see the recent weakness as consolidation rather than the start of a deeper structural downturn.
Flows of this magnitude can amplify short-term volatility in a concentrated trust, particularly if liquidity thins and spreads widen around key support levels. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.