Investors Yank a Quarter of Grayscale’s XRP Trust in a Single Day as Token Slump Bites

Investors Pull the Plug on Grayscale’s XRP Fund as Quarter-Long Slump Deepens

The Grayscale XRP Trust ETF, GXRP, saw one of its sharpest single-day reversals on record as investors withdrew $55.4 million on January 21, 2026. The outflow represents roughly 25.7% of the fund’s latest reported assets under management, which now stand at $215.9 million, underscoring how quickly sentiment around XRP-linked products has deteriorated.

Such a large redemption relative to AUM signals more than routine profit-taking. It suggests that a meaningful chunk of the investor base is reassessing exposure to XRP amid heightened volatility and mounting uncertainty over the token’s medium-term trajectory. For a trust product that had benefited from surging interest in digital-asset vehicles over the past two years, this pivot marks a notable loss of confidence.

The related asset, XRP-USD, is currently trading at $1.8784, having shed about 28.4% over the past three months. That drawdown puts XRP among the weaker large-cap crypto performers in the recent period, as investors rotate toward tokens perceived as having clearer regulatory footing or stronger near-term catalysts. The short-term technical picture is also deteriorating, with the 1-day signal flashing Sell, reinforcing the narrative of pressure on both the spot market and derivative products tied to the token.

Together, the deep three-month price slide and heavy redemptions from GXRP highlight how quickly capital can exit structurally concentrated crypto vehicles when sentiment turns. ETF-type products that once served as a convenient on-ramp to XRP exposure are now amplifying the exit, as institutional and sophisticated retail holders lock in losses or seek to redeploy into more resilient digital assets.

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