Grayscale’s XRP Trust Sees Mass Exodus as Investors Pull Nearly 93% of Assets in a Day
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The Grayscale XRP Trust ETF, GXRP, suffered a dramatic outflow on January 30, 2026, with investors withdrawing $98.39 million from the product. The move left the trust with just over $106.07 million in assets under management (AUM), meaning the single-day outflow was equivalent to roughly 92.76% of its total assets — an extraordinary vote of no confidence for a single-session move.
Such a substantial redemption suggests that institutional and sophisticated retail holders are reassessing their exposure to XRP-linked products amid heightened volatility and deteriorating price action. When a trust loses nearly its entire asset base in a day, questions inevitably arise about market structure, liquidity, and the product’s longer-term viability, even if AUM figures can fluctuate sharply in crypto-linked vehicles.
The related asset, XRP-USD, is currently trading at $1.665, having shed about 30.63% over the past three months. The near-term technical picture remains fragile, with a 1-day signal flashing Sell, underscoring bearish momentum and the possibility that recent outflows from GXRP may be both a reaction to, and a contributor toward, negative sentiment around XRP.
While crypto markets are no strangers to sharp swings in capital flows, the scale of the GXRP outflow highlights just how quickly confidence can reverse when price trends and technical indicators align to the downside. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.