The recent launch of XRP spot ETFs is creating a surge in demand, and early data shows just how fast these funds are pulling XRP off crypto exchanges.

Brad Kimes, the founder of Digital Perspectives, asked the AI chatbot Grok to analyze how much liquid XRP is still available on major exchanges and how long it might take for ETFs to absorb it all. According to Grok, by late November 2025, the combined holdings of big exchanges like Binance, Upbit, Bithumb, and OKX ranged between 5 to 6 billion XRP.

Binance alone holds around 2.71 billion XRP, but that number has been dropping. Since early October, Binance has lost about 400 million XRP from its reserves, with a notable 100 million XRP disappearing shortly after ETF trading began in mid-November. In one day alone, all exchanges saw 73 million XRP leave their platforms, showing that more investors are buying and holding rather than selling.

This remaining supply on exchanges makes up only about 9% to 11% of the total circulating supply of 56 billion XRP, which means the available liquid XRP is shrinking fast.

Kimes also asked Grok how long it would take for ETFs to absorb all the remaining liquid XRP. Based on inflow data from November 25 to 27, ETFs were buying an average of $26 million worth of XRP each day. At a price of $2.20 per token, that’s about 11.8 million XRP daily.

At this rate, it would take around 422 days to buy up 5 billion XRP and roughly 506 days for 6 billion. So in about 14 to 17 months, ETFs could potentially drain all liquid XRP from exchanges.

But what would happen to the price if that much supply disappears? To answer that, Google’s AI Gemini weighed in. It explained that in crypto markets, when supply gets tight, prices don’t just rise slowly—they tend to shoot up quickly. This is because fewer sellers are available, so buyers have to offer higher prices to convince them to sell.

Gemini pointed to a Bank of America study from 2021 that found every $1 invested in Bitcoin during a supply crunch added $118 in market value. Applying that logic to XRP, Gemini suggested that if ETFs absorb most of the remaining XRP, we could see some big price moves.

The first major target range could be between $8 and $13 as buying pressure builds. If XRP is seen as comparable to Ethereum in future market rallies, its price might even reach $20 to $25. In the most extreme case—where there’s almost no XRP left to buy—Gemini predicted prices could soar past $50.

Gemini also outlined a possible timeline:
– **Months 1–6:** Accumulation phase — price rises from $2.20 to around $5
– **Months 7–12:** Realization phase — momentum pushes it up to $15
– **Months 13–17:** Mania phase — scarcity drives sharp spikes into the $20 to $50+ range

Such price jumps would massively benefit those already holding XRP. Data shows that nearly 600,000 wallets hold between 1,000 and 5,000 XRP—making this group the third-largest among holders.

At today’s price of around $2.20 per XRP:
– Holding 1,000 XRP is worth about $2,200
– Holding 5,000 XRP is worth about $11,000

If XRP hits $50:
– 1,000 tokens would be worth $50,000 (a $47,800 gain)
– 5,000 tokens would be worth $250,000 (a $239,000 gain)

As demand from ETFs keeps growing and exchange supplies keep falling, XRP could be heading toward a major supply crunch—and potentially life-changing returns for long-term holders.