Investors Bail on Grayscale’s XRP Fund as Outflows Top $2.3 Million
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The Grayscale XRP Trust ETF, GXRP, saw investors pull $2,307,600 on March 31, 2026, marking a notable wave of redemptions from the crypto-linked vehicle. With assets under management at $59,852,136, the single-day outflow wiped away roughly 3.86% of the fund’s value, underscoring mounting unease around XRP exposure.
The related asset, XRP-USD, is currently trading at $1.3207 after a punishing three-month slide of about 38.9%, leaving dip-buyers nursing losses. Technically, the token’s near-term outlook remains under pressure, with a 1-day signal flashing Strong Sell, which likely contributed to GXRP’s sudden bout of withdrawals.
The latest move suggests that some institutional and sophisticated traders are choosing to de-risk rather than ride out ongoing volatility in XRP, despite its long-term advocates. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.