Crypto influencer Zach Rector highlights the potential impact of Canary Capital’s new XRPC exchange-traded fund (ETF) on XRP supply. He predicts increased buying activity for XRP as the fund demands a significant volume of the cryptocurrency after its launch. 10,000 shares were priced at $25 each, raising approximately $250,000 to purchase initial XRP and establishing a physical backing for the fund. This has led to an estimated 10 XRP per share in the ETF’s portfolio. The introduction of this physically backed ETF is expected to trigger demand for XRP, ultimately reducing its available supply for other purposes. As authorized participants create new ETF units, they contribute to this reduction through purchases. This action tightens the circulating XRP supply and may support upward price movement if buying pressure persists.