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Investors Step Back from Grayscale’s GXRP as XRP Slump Sparks Multi-Million-Dollar Outflow

Investors Step Back from Grayscale’s GXRP as XRP Slump Sparks Multi-Million-Dollar Outflow

Investor Chill Hits Grayscale’s XRP Fund as Outflows Bite into AUM

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Grayscale XRP Trust ETF, GXRP, saw fresh pressure on March 31, 2026, with investors pulling $2,307,600 from the product. The redemption shaved roughly 3.73% off its $61,787,418 in assets under management, underscoring how sentiment around XRP-linked products has cooled after a volatile first quarter.

The related asset, XRP-USD, is currently trading at $1.3114, having slumped about 38.79% over the past three months. Short-term momentum remains weak, with the 1-day technical signal flashing Sell, a backdrop that helps explain why some holders are trimming risk in GXRP despite earlier enthusiasm for digital-asset trusts.

The latest outflow, while not catastrophic, is significant enough to raise questions about whether institutional appetite for XRP exposure is shifting toward spot holdings or alternative vehicles. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.

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