Grayscale XRP Trust ETF’s GXRP saw another wave of redemptions on February 19, 2026, with $2.21 million in net outflows erasing roughly 3.0% of its $72.7 million in assets under management. The move underscores persistent investor caution toward XRP-linked products after a volatile winter for digital assets.
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The related asset, XRP-USD, is currently trading at $1.4527, down about 35.1% over the past three months as speculative froth continues to drain from the market. Short-term momentum remains weak, with the one-day technical signal flashing a bearish Strong Sell, potentially reinforcing outflow pressure on GXRP.
The latest redemption wave suggests that even dedicated XRP holders may be seeking safer ground or rotating into more diversified crypto exposure. With a meaningful slice of AUM leaving in a single session, the trust faces a tougher path to gathering scale unless sentiment turns, especially if regulatory headlines or broader risk-off moves keep XRP on the defensive.
Still, some traders could view the drawdown and shrinking fund size as a contrarian opportunity if they believe XRP’s fundamentals or network activity can stabilize and reverse the price slide. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.