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  • XRP Nears $1.50 as US ETFs Lock Record 1.34% of Supply
  • Analytics

XRP Nears $1.50 as US ETFs Lock Record 1.34% of Supply

Karla Barker May 16, 2026

XRP, often considered a key asset in Ripple’s ecosystem, is approaching the psychological $1.50 price level. The main reason for this upward movement seems to be a sharp drop in how much XRP is freely available for trading.

According to data from SoSoValue, U.S. spot exchange-traded funds (ETFs) have reached a new milestone. They now hold 1.34% of all circulating XRP in custody. In the last 24 hours, these ETFs saw net inflows of $18.52 million. Trading volume during that period hit $46.78 million.

Since these ETF products launched in late 2025, total capital flowing into them has reached $1.37 billion. Their combined assets under management (AUM) are currently stable at around $1.25 billion.

Regulatory and Institutional Support

Wall Street’s growing confidence in XRP appears to be backed by a few key developments. The Senate Banking Committee recently approved the CLARITY Act, which may help clarify the regulatory environment. On top of that, Ripple completed a successful pilot project with JPMorgan and Mastercard. They used the XRP Ledger (XRPL) to settle tokenized U.S. Treasury bonds.

These moves suggest that big financial players are taking XRP more seriously than before. It’s not just about price speculation anymore; there’s real infrastructure being built.

Whale Accumulation at 8-Year High

On-chain data tells a similar story of concentration. Wallets that hold 10 million XRP or more have accumulated a total of 45.83 billion tokens. That’s the highest level in eight years. These large holders now control roughly 68.5% of all circulating XRP.

This kind of accumulation by “whales” often signals that big investors expect higher prices down the road. They aren’t selling; they’re holding tight.

Supply Squeeze and Price Outlook

With nearly 70% of XRP locked in whale-controlled wallets, and regulated funds steadily pulling another 1.34% out of circulation, the market is seeing a classic supply squeeze on exchanges. Even a single large buy order could push the price above $1.50 fairly quickly.

If that level breaks, many analysts think it could act as a launchpad for further gains toward higher mid-term targets. Of course, crypto markets are unpredictable, but the current setup looks fairly bullish for XRP.

Karla Barker

I have been writing about Cryptocurrencies and Blockchain technology since 2017. My work has been featured in major publications such as Forbes, CoinDesk, and Bitcoin Magazine. My mission is to educate the people about the potential of this transformative technology. When I’m not writing or teaching, I enjoy spending time with my husband and two young children.

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