XRP ETFs are devouring supply at a rate that exposes a glaring $1 billion institutional secret

XRP has become the top-performing asset among the top 10 cryptocurrencies in early 2026, surging 28% to $2.37, significantly outpacing Bitcoin and Ethereum. This rally is primarily fueled by regulated spot XRP ETFs in the U.S., which have seen cumulative inflows surpass $1 billion since their launch in November, with nearly $60 million entering in the first two trading days of the new year. This institutional buying pressure is compounded by a supply shock, as on-chain data shows XRP holdings on centralized exchanges are at multi-year lows, indicating assets are being moved to cold storage. Furthermore, the XRP Ledger (XRPL) DEX liquidity has surged to $172.9 billion, suggesting institutional market makers are actively positioning themselves. Technical analysis supports the move, showing a bullish reversal breakout accelerated by a short squeeze, while the Taker Buy Ratio indicates aggressive buyer dominance. This structural maturation, supported by Ripple's acquisitions like Ripple Prime, suggests XRP is increasingly viewed as a utility component within regulated payment architectures, moving beyond mere speculation.

(Source：CryptoSlate)