Binance XRP reserves have experienced a significant decline, reaching a one-year low. This drop coincides with the launch of several US spot XRP ETFs, which has ignited a surge in institutional buying activity. The combination of dwindling exchange supply and rising ETF demand presents an opportunity for long-term XRP price growth. 100 million XRP were withdrawn from Binance since mid-November, adding to this depletion. Key factors driving this dynamic include the influx of $670 million into XRP ETFs, Canary, Bitwise, Grayscale, and Franklin Templeton. These developments suggest a structural shift toward institutional investment and potentially exponential growth for XRP.