Grayscale's XRP Fund Posts $7.2 Million Tuesday Outflow
Grayscale's XRP fund logged a $7.2 million outflow Tuesday; Bitwise and 21Shares stayed flat. Weekly holdings fell 9.21 million XRP with price near $1.04.
AI SummaryAI
- Grayscale's GXRP fund recorded a $7.2 million outflow on Tuesday
- Bitwise and 21Shares XRP funds showed no net movement in Wednesday's first data
- XRP-focused products held about 1.17 billion XRP at Wednesday's close
- Traceable fund holdings fell 9.21 million XRP, about $9.6 million, over three sessions
Grayscale Fund Takes the Week's XRP Outflow
Nothing about the direction has changed this week: exchange-traded products tied to the larger altcoin market have kept posting net outflows session after session, and the week's XRP ETF flows stayed inside that pattern on Tuesday. Roughly $7.2 million left Grayscale's GXRP fund in that single session, the bulk of the XRP-side exit disclosed for the day. The primary record here is the daily creation and redemption disclosures each issuer files: a fund reports how many shares were created or redeemed against the
XRP its custodian holds, and Tuesday's print put the exit almost entirely in Grayscale's product. GXRP is Grayscale's dedicated XRP wrapper, one of a small set of US-listed products that give traditional accounts exposure to the token without direct custody. The first data published on Wednesday showed no net movement in either the Bitwise or the 21Shares XRP fund, so both sat flat for the session. Figures for Grayscale, Franklin Templeton and Canary Capital had not yet reached the daily table when that snapshot was assembled, which means Wednesday's total can still change once the remaining issuers report. The XRP price was quoted near $1.04 at the time of writing, about 2.4% lower across the past 24 hours and marginally firmer than where it stood when the flow data landed. That combination, an outflow print against a price that has barely moved since, fits the week's texture. Tuesday's $7.2 million exit is modest against the fund's scale, and nothing in the disclosures points to a redemption wave. What the print does establish is continuity: the largest
XRP product by daily activity kept losing shares on Tuesday, the two smaller entrants gained nothing, and the issuers still to report hold the only figures that could alter that picture.
Price Holds Near $1.04
The flow print sits against a heavy technical backdrop. COINOTAG's composite support and resistance scoring places the strongest overhead level at $1.0784, scored 96 out of 100, and the strongest support at $0.9784, scored 68, with spot trading between the two; a daily close beyond either would reset the near-term picture. Momentum reads the same direction: the relative strength index sits at 22.16, deep in oversold territory, and the MACD signal is bearish inside a downtrend. Positioning leans the other way. Derivatives data shows a long/short account ratio of 3.80, with 79.2% of accounts held long, and a mildly positive funding rate of 0.0071%, so leveraged traders have not treated the outflows as a rout. A fuller XRP technical analysis carries the complete level set.
Weekly Holdings Down 9.21 Million XRP
The wider arithmetic shows the same quiet drain. According to
XRP Insights, an account that tracks issuer fund balances, the XRP held by products whose daily flows can be measured fell by 9.21 million tokens across the first three sessions of the week, worth roughly $9.6 million at the prices of the days concerned. That calculation excludes Grayscale's daily movement and includes the XRP sleeve of Bitwise's multi-asset index fund, so it reads wider than the single-fund disclosures alone. At Wednesday's close, XRP-focused products held about 1.17 billion tokens in total. Peer products put the week in proportion. The seven tracked Solana funds shed $27 million over the same three sessions and $52 million once the prior week's last two sessions are added, with $28.5 million of that from Bitwise's BSOL; Dogecoin's Grayscale and 21Shares funds have stood still for eight straight November sessions; Cardano has no comparable US daily spot product, since Grayscale withdrew its direct-ADA registration in August. Against that company, XRP's week is a mild one: one mid-sized exit from one issuer, two flat products, and a holdings base still measured in the billions. Institutional holders have not publicly wavered; SBI CEO Yoshitaka Kitao answered “yes” when asked whether he still trusts the asset, while Ripple's RLUSD stablecoin passed PayPal USD at $2.71 billion on the XRP Ledger and the issuer logged $258.2 million of stablecoin growth in 30 days. For readers weighing a position at these levels, the beginner's guide to where and how to buy XRP covers the practical steps. What Tuesday's print left in place is the essential condition: about 1.17 billion XRP still sitting in US wrappers, a price near $1.04 that barely moved after the data landed, and Wednesday's remaining disclosures, once complete, likely confirming the week's flat-to-negative texture.
AI-generated, AI-reviewed, under COINOTAG editorial oversight.

