Grayscale XRP Trust ETF’s GXRP Sees Heavy Outflows as Traders Reassess XRP Exposure
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Grayscale XRP Trust ETF’s GXRP recorded sharp outflows on March 10, 2026, with investors pulling $5.86 million from the product. The redemption equals roughly 8.9% of the fund’s $66.1 million in assets under management, a sizable swing that underscores mounting caution around XRP-linked vehicles. Such a large single-day move can amplify volatility in already nervous crypto markets.
The related asset, XRP-USD, is currently trading at $1.4297 after a bruising three months that saw the token slide about 30.5%. Despite the medium-term drawdown, short-term momentum has flipped more constructive, with the one-day technical outlook flashing a Buy signal, hinting that some traders may be positioning for a tactical rebound.
The contrast between GXRP’s outflows and XRP’s improving near-term technicals highlights a broader rotation, as institutional-style holders de-risk while shorter-horizon traders hunt for oversold opportunities. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.