XRP Price Surge: Incoming ETF Demand Threatens Liquidity Crunch

Ripple-related researcher Ripple Bull Winkle warns of a potential XRP supply shock that could propel the cryptocurrency’s price to $200 or higher. This prediction is based on the anticipated surge in demand from newly launched exchange-traded funds (ETFs). With 12 ETFs poised to launch, each requiring daily acquisitions of XRP to maintain their holdings, Winkle highlights the potential for a drastic increase in buying pressure. This influx could lead to an unprecedented squeeze on available XRP supply, leaving a scarcity that drives prices skyward.