Investors Hit the Exit on GXRP as XRP Slumps, but Short-Term Signals Turn Bullish

Grayscale XRP Trust ETF’s GXRP saw a sharp reversal in sentiment on March 10, 2026, as investors pulled $5.86 million from the product in a single session. The outflow amounts to roughly 8.9% of its $65.54 million in assets under management (AUM), marking one of the more forceful single-day reallocations in the XRP-focused fund’s recent history.

The move comes as the related asset, XRP-USD, trades at $1.3898, having dropped about 29.8% over the past three months. Despite the medium‑term slide, short‑term momentum screens more constructive, with a 1‑day technical signal flashing Buy, suggesting traders may be positioning for a tactical rebound even as ETF investors de‑risk.

The disconnect between GXRP’s sizable outflow and XRP’s improving near‑term technicals highlights a broader tug‑of‑war in digital‑asset markets between long‑only vehicles and more active trading strategies. Some institutional holders may be locking in gains or rotating into broader crypto exposure, while shorter‑horizon traders look to capitalize on volatility around XRP’s compressed valuations.

For Grayscale, the latest redemption wave trims AUM but still leaves GXRP with a meaningful footprint in the XRP investment universe, potentially amplifying price swings if flows remain lumpy. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.