en.bitcoinsistemi.com
Long-term Bitcoin holder AltcoinFox argues that $XRP spot ETFs could begin to exhaust the available supply within months, creating conditions for an aggressive price breakout.
He claimed there were “18 outstanding ETFs.” Even if each attracted $50 million in inflows daily, he suggested the group could still attract around $900 million per day. This would mean hundreds of millions of $XRP leaving the current market supply every 24 hours.
Based on this, he predicts that $XRP could “become scarce within six to nine months,” potentially causing prices to rise.
However, only four $XRP spot ETFs are currently pending: those from Grayscale, CoinShares, 21Shares, and WisdomTree. Other issuers like Bitwise and Canary Capital are also already operating and have attracted over $400 million in inflows.
Why Didn’t the $XRP Price React?
AltcoinFox’s view echoes previous work by analyst Chad Steingraber, whose model, published on November 20, estimates that 12 ETFs could accumulate approximately 40 billion $XRP in a year, equivalent to more than two-thirds of the circulating supply.
In another scenario, if total daily ETF inflows reach $1 billion, the entire supply in the market could be depleted within 12 months unless there is a sudden increase in prices, he suggested.
Analysts note that ETF accumulation largely occurs in over-the-counter markets, with demand hidden from public orders. A price impact would only emerge once ETF-driven supply absorption becomes more significant.
*This is not investment advice.