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Jake Claver Says Institutions Are Eating Through OTC XRP Supply – What This Means for Price

27m ago
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  • XRP supply dwindles as institutions consume OTC reserves, boosting demand.
  • XRP price surge expected with growing ETF launches and institutional involvement.
  • Limited supply and rising demand could drive XRP’s price upward.

Jake Claver recently appeared on a podcast where he provided an important update on the XRP market, revealing how institutional demand is quickly depleting the available XRP supply in over-the-counter (OTC) markets and dark pools.


In the video shared by three.lions66 on X, Claver noted that there are only between 1 billion and 2 billion XRP available in these trading venues. However, with the recent launch of several XRP spot Exchange-Traded Funds (ETFs), about 800 million of that supply has already been consumed within just the first week.


Claver explained that once the remaining supply in OTC markets is exhausted, XRP will increasingly be traded on public exchanges. This transition is expected to drive up the price, as the asset becomes scarcer and demand continues to rise. The influx of ETFs has played a significant role in this growing demand, but Claver believes the market is still in the early stages of this shift.


Also Read: Analyst Highlights a “Dangerous” Trend for XRP, What’s Happening?


Institutional Involvement and Upcoming XRP ETFs

Claver also noted that major institutional investors like BlackRock, Vanguard, and Fidelity have yet to launch their own XRP spot ETFs, but he expects them to enter the market soon. If these firms do release their own XRP ETFs, the number of XRP spot ETFs could eventually exceed those of Bitcoin, significantly increasing demand for the digital asset. This would likely push XRP’s price higher as institutional involvement ramps up.


Additionally, Claver pointed to the recent price spike on Kraken, where XRP briefly hit $91, as an indication of what may happen when the remaining XRP supply on OTC desks and dark pools runs out. The market has already seen notable price movements, but Claver’s analysis suggests that as more XRP is funneled onto public exchanges, the price could experience explosive growth.


The video shared on X by three.lions66 underscores Claver’s prediction that XRP is poised for significant price appreciation as institutional demand continues to grow and the supply available in OTC markets becomes increasingly limited. The next few months could see XRP reach new price levels as more ETFs are launched and major investors join the market.


Also Read: XRP Supply Shock Loading? JP Morgan Bold Prediction Sparks Reaction


The post Jake Claver Says Institutions Are Eating Through OTC XRP Supply – What This Means for Price appeared first on 36Crypto.

27m ago
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