Grayscale XRP Trust ETF sees sharp investor retreat as $5.86 million exits in a day
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Grayscale XRP Trust ETF, GXRP, recorded a sizable outflow of $5,860,800 on March 10, 2026, marking a clear shift in sentiment toward the XRP-focused product. With total assets under management now at about $72.7 million, the one-day redemption erased roughly 8.1% of the fund’s value, underscoring the scale of the move.
The related asset, XRP-USD, is currently trading at $1.5246 after a choppy quarter that left it down about 17.5% over the past three months. Yet the short-term picture looks more constructive, with the token flashing a one-day technical Buy signal that hints at a potential near-term rebound.
The disconnect between GXRP’s hefty outflows and XRP’s improving technical tone suggests investors may be locking in gains or rotating risk after a volatile stretch rather than expressing a simple bearish bet. If the Buy signal on XRP holds and price momentum stabilizes, some of the capital leaving GXRP today could eventually return as traders reassess exposure to the token.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.