XRP ETFs Begin Trading in US Amid Rising Institutional Interest

XRP has entered a new growth phase as Spot XRP ETFs begin trading in the U.S., attracting significant institutional interest.

Key Projections for XRP ETF Accumulation

  • Market commentator Chad Steingraber suggests potential intense ETF accumulation similar to Bitcoin ETFs.
  • A conservative scenario estimates 12 Spot XRP ETF issuers acquiring an average of 3 million XRP daily, leading to:
    • 160 million XRP weekly
    • 720 million XRP monthly
    • 8.64 billion XRP annually
  • This assumes consecutive net inflow days with no outflows.

XRP Growth Chart

Aggressive Accumulation Scenario

  • Using Bitwise’s Spot XRP ETF activity as a benchmark, Steingraber projects a more aggressive model:
  • Daily acquisition rate doubles to about 6 million XRP per issuer.
  • If 12 funds follow this pattern, they could accumulate:
    • 72 million XRP daily
    • 360 million XRP weekly
    • 1.44 billion XRP monthly
    • 17.28 billion XRP annually
  • Steingraber warns of a potential depletion of XRP public supply unless prices rise significantly.

The projections highlight the potential rapid change in XRP's supply ecosystem as ETF inflows stabilize. Major players like Grayscale and WisdomTree may join, though BlackRock has not yet shown intent to file for a Spot XRP ETF.