ETFs Absorb 506M Tokens in Supply Shock

• Analyst Chad Steingraber said that new XRP investment funds have already taken hundreds of millions of dollars’ worth of XRP off the open market
• ETFs absorbed over 506 million XRP in under a month, creating a strong foundation for a supply squeeze and repricing potential
• Brad Garlinghouse stated that XRP became the fastest US spot crypto ETF to hit $1 billion in AUM

Analyst Chad Steingraber publicly predicted that XRP could rise from about $2 to $10 in less than a year, driven by strong demand from newly launched spot-XRP ETFs and technical chart patterns.

According to his findings, new XRP investment funds have already taken hundreds of millions of dollars’ worth of XRP off the open market. This large-scale buying reduces the coins readily available for trade, creating a scenario where rising demand could significantly push the price higher.

Related: XRP Supply On Exchanges Thins As Triangle Pattern Points To Breakout

Spot-XRP ETFs launched in late 2025 reportedly saw rapid accumulation. Per Steingraber and some data trackers, these ETFs absorbed over 506 million XRP in less than a month, creating a strong foundation for a supply squeeze and repricing potential.

Also, a few days ago, Ripple’s CEO Brad Garlinghouse stated that XRP became the fastest US spot crypto ETF to hit $1 billion in AUM (after Ethereum). He pointed out that this happened in under four weeks with the crowded ETF landscape (over 40 crypto ETFs launched in 2025), along with the fact that XRP only recently gained regulatory clearance for a spot ETF in the US.

Naturally, other analysts and XRP enthusiasts, such as Moon Lambo, added their remarks, arguing that XRP is already a proven long-term winner and not a speculative “maybe.” 

Moon Lambo’s post emphasizes that after 13 years of continuous operation, XRP has shown durability, active development, and steady institutional interest, which are the qualities that put it ahead of most altcoins.

Beyond ETF inflows

Still, it doesn’t take much to create the hype, so it’s important to remember that the $10 target depends on sustained ETF demand and continued inflows. If investor enthusiasm for ETFs fades or the buying stops, the argument that supply is getting tighter loses its strength.

Even with ETF inflows, demand must outpace exchange dumps and profit-taking. XRP has sometimes seen large sell-offs by early holders as soon as the price spikes. In case whales decide it’s time to take profit, it could very well derail the momentum.

Chart-based price predictions for a $10 target rely entirely on the overall crypto market staying healthy. Factors like Bitcoin’s trend, the broader economy, and clear regulations must all be positive, especially considering that cryptocurrencies are still extremely volatile and can be quickly derailed by outside news or events.

Related: XRP Price Could Hit $4 by 2026 After Singapore Expanded Ripple’s MPI License – Analyst