Analyst: XRP Could Rally to $10 as ETF Inflows Tighten Supply
Analyst Chad Steingraber predicts XRP could stage a multi‑fold rally — potentially reaching near $10 and higher — driven by sustained inflows into newly launched spot XRP ETFs. Since November 2025 several XRP ETFs (Canary Capital, Bitwise, Grayscale, Franklin) have registered steady net inflows, with 21Shares and WisdomTree expected to join. Combined ETF accumulation is approaching about $944–$976 million (roughly 0.7–0.8% of circulating supply), while Bitwise’s broader Crypto 10 ETF also holds XRP. Steingraber and others note much of the buying has occurred OTC, muting immediate exchange-driven price impact; the risk of a visible supply squeeze rises if ETFs begin sourcing XRP directly from exchanges. He draws parallels to Bitcoin’s post‑ETF performance and projects a substantial upside into 2026 if ETF demand persists. Technicals cited include a breakout from a multi‑month symmetrical triangle on the two‑week chart and a bullish flag, with measured targets ranging from near‑term psychological levels around $10 up toward $14–$15 (some analyses point even higher). Key trader takeaways: accelerating ETF demand is removing available supply; short‑term catalysts are continued ETF net inflows and confirmation of chart breakouts; manage risk — this is informational, not investment advice.
Bullish
The combined reports present a bullish outlook for XRP driven primarily by structural demand from newly launched spot XRP ETFs. ETF flows totaling roughly $944–$976 million represent meaningful, concentrated demand relative to circulating supply; Bitwise’s allocation in its Crypto 10 ETF adds to that demand picture. The market effect is amplified by reports of OTC accumulation — which so far mutes visible price impact but indicates large buyers are positioning — and the prospect that ETFs will increasingly source XRP from exchanges, creating a clearer supply squeeze. Technical analysis cited (breakout from a multi‑month symmetrical triangle and bullish flag) supports upside momentum and provides measurable targets ($10 then $14–$15). For traders: short‑term volatility is likely as OTC accumulation, ETF allocations, and potential exchange sourcing play out; confirmation of continued net inflows and sustained chart structure would strengthen the bullish case. Risks that temper the outlook include the pace at which ETFs convert OTC orders into exchange purchases, broader crypto market conditions, regulatory developments, and potential sell pressure from large holders. Overall, the net effect on XRP price is expected to be positive if ETF demand persists, but traders should use risk controls given event‑driven volatility.