XRP is seeing a surge in price due to increased institutional demand, particularly from the rise of Exchange-Traded Funds (ETFs). Analyst Jake Claver believes this growing demand will deplete available OTC supply, leading to an increase in price as more XRP moves onto public exchanges. 800 million XRP has already been consumed by ETFs in just one week alone. This is expected to cause a shift from OTC trading to public exchanges, which could dramatically increase the price of XRP and drive it towards new highs. Claver’s insights are supported by recent price spikes on platforms like Kraken, where XRP briefly reached $91. Major institutional investors such as BlackRock, Vanguard, and Fidelity have yet to launch their own XRP spot ETFs but are expected to do so soon. If they do, the number of XRP ETFs could exceed those of Bitcoin, further increasing demand for the digital asset and fueling price growth.