Investors Pull Back from 21Shares XRP ETF as Outflows Slice Nearly 7% off Assets
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The 21Shares XRP ETF, ticker TOXR, logged fresh redemptions on March 09, 2026, with $10.6 million exiting the product in a single session. The move shaved roughly 6.8% off its asset base, leaving the ETF with $156.37 million in assets under management and underscoring mounting investor caution toward XRP-linked products.
The related asset, XRP-USD, is currently trading at $1.4167 after a bruising three months in which it has slumped about 32.6%. Short-term sentiment looks equally fragile, with the 1-day technical signal flashing a decisive Strong Sell, a backdrop that likely amplified the latest wave of ETF withdrawals.
The scale of the outflow relative to TOXR’s size suggests more than routine profit-taking, hinting at investors reassessing risk in higher-beta crypto exposures. If XRP’s price continues to lag broader digital-asset benchmarks, the ETF could face further pressure as allocators rotate toward more resilient names or step to the sidelines altogether.
Still, some market participants may view the drawdown and retreating AUM as an opportunity, especially if regulatory or macro catalysts improve sentiment toward altcoins. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.