Investors Pull Back From Grayscale’s XRP Trust as Outflows Trim Nearly 3% of Assets
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The Grayscale XRP Trust ETF, GXRP, saw fresh pressure on February 19, 2026, as investors withdrew roughly $2.21 million in a single day. The redemption, equal to about 2.9% of the fund’s $76.0 million in assets under management, underscores mounting caution toward XRP-linked products after a volatile winter for digital assets.
The related asset, XRP-USD, is currently trading at $1.33022, having dropped about 35.8% over the past three months. Short-term sentiment remains fragile, with its 1-day technical outlook flashing a Strong Sell, suggesting that traders expect further downside or, at best, choppy consolidation.
GXRP’s latest outflow highlights how sensitive crypto ETPs are to rapid shifts in momentum, especially when underlying coins underperform broader risk assets. If XRP fails to stabilize soon, similar redemptions could continue as tactical traders rotate into more resilient tokens or sit on the sidelines awaiting clearer signals.
Still, some longer-term holders may view the combination of price weakness and shrinking fund size as a contrarian entry point, betting on eventual regulatory clarity and broader adoption of XRP in cross-border payments. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.