XRP Accumulation by ETFs: Crypto analyst Ripple Bull Winkle reports that over 205 million XRP have been absorbed by newly launched exchange-traded products (ETFs) within just seven days, indicating strong institutional demand rather than retail interest.
Impact on Market Supply: The analyst suggests that the current rate of accumulation could lead to a significant contraction in the liquid supply of XRP available on exchanges by 2026, as these institutional products are designed to hold positions rather than distribute them back to the market.
Future Projections: With five additional ETF products set to launch soon, the analyst anticipates that the ongoing institutional accumulation could further reduce the liquidity of XRP, potentially altering the market dynamics significantly in the coming months.
Cautionary Note: The content is intended for informational purposes only and should not be considered financial advice, urging readers to conduct their own research before making investment decisions.
