XRP price could reach $10–$15 as ETF demand tightens supply, analyst says

New XRP ETFs have attracted more than $900 million since launching on Nov. 13 and now control about 0.74% of the token’s circulating supply. Analyst Chad Steingraber expects that ETF demand and current chart patterns could push XRP toward $10 in 2026, with technical targets as high as $14–$15 if momentum persists.

The funds gathered assets quickly in their first weeks, indicating that investors are using the ETF format to gain exposure. Steingraber views the early pace of subscriptions as a factor that could tighten available supply and support a price breakout if inflows continue.

He also noted XRP’s role in the Bitwise Crypto 10 Fund ETF (BITW), which launched Dec. 9 with more than $1.25 billion in assets and a roughly 5% XRP weighting. In a post on X, Steingraber estimated the Bitwise Index 10 holds about 30.7 million XRP, bringing the total absorbed into ETF assets since launch to roughly 506 million XRP, less than a month in. 

Steingraber compared the backdrop to Bitcoin’s first two years after its U.S. ETF debut, when the coin doubled, and outlined a scenario where XRP could accelerate toward $10 in 2026 if inflows remain steady.

From a technical perspective, the analyst highlighted a breakout on XRP’s two-week chart from a multimonth symmetrical triangle, a pattern that can follow prolonged consolidation. A measured move from that structure points to roughly $14–$15 in the coming months if momentum persists. On higher time frames, he views price action as a potential bull flag. A confirmed move above the flag’s resistance would point to the same $14–$15 range.

Previously, Bitwise CIO Matt Hougan said they launched an XRP ETF because the regulatory landscape had fundamentally changed once the SEC lawsuit ended. With the legal threat gone, Bitwise sees a clear chance to “give the community and institutions easy, high-quality exposure” to XRP.