XRP Trust Bleeds Capital as Traders Flee: Is Grayscale’s Bet Losing Its Shine?
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The Grayscale XRP Trust ETF, GXRP, recorded outflows of $1,153,000 on February 06, 2026, a notable redemption wave for the product. With assets under management at $86.21 million, the latest move stripped about 1.34% of GXRP’s capital base in a single day, underscoring investors’ growing caution around XRP-focused exposure.
The related asset, XRP-USD, is currently trading at $1.41962 after a bruising three months that saw prices sink roughly 42.78%. The token’s short-term picture remains fragile as well, with a 1-day technical signal flashing Sell, giving ETF investors little incentive to step in front of the downtrend.
The combination of sustained price weakness in XRP and fresh outflows from GXRP highlights how quickly sentiment has cooled after last year’s enthusiasm around digital asset trusts. Unless XRP stabilizes and technicals turn, Grayscale may continue to face headwinds in defending market share in the already competitive crypto ETF arena. For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.