New XRP-backed exchange-traded funds (ETFs) have seen substantial investor interest since their launch, generating nearly $650 million in inflows over two weeks. This rapid growth has led to a surge in demand for XRP tokens, prompting analysts and industry experts to question whether the price will rise accordingly to meet these demands. One prominent voice among the XRP community is Chad Steingraber, who suggests that these ETFs’ aggressive accumulation of XRP during their initial year may force prices higher. His analysis predicts significant buying pressure on a scale not seen in past years, as each $1 billion inflow could represent 450 million tokens acquired from the open market. Steingraber compares this to Bitcoin ETF activity in 2024, where inflows were made consistently and contributed to price appreciation. This prediction is based on the assumption that the ETFs must purchase XRP quickly to meet the demand placed upon them.