Investors Hit the Sell Button on Grayscale’s GXRP as XRP Slump Deepens

XRP exodus: Grayscale trust hit by sharp outflows as traders capitulate.

Grayscale XRP Trust ETF, GXRP, saw investors pull $2,369,700 on March 09, 2026, marking a notable single-day outflow for the product. With assets under management now at $70,303,733, the latest redemption wave represents roughly 3.37% of the fund’s AUM, signalling a decisive shift in sentiment toward XRP exposure.

The related asset, XRP-USD, is currently trading at $1.4167 after a bruising three-month stretch, during which it has shed about 32.57% of its value. The token’s short-term outlook remains pressured, with a 1-day technical reading flashing a Strong Sell, underscoring momentum-driven selling in both spot and ETF-linked markets.

The scale of the latest withdrawal from GXRP suggests some holders are locking in remaining profits or cutting losses amid mounting volatility and regulatory uncertainty around digital assets. While long-term XRP bulls may view the slide as an accumulation opportunity, ETF flows indicate that, for now, the more decisive money is stepping to the sidelines.

For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.