XRP Hits $2.40 as Spot ETF Inflows Blast Past $1 Billion Milestone

Institutional money is pouring into XRP like never before. U.S. spot XRP ETFs have crossed the $1 billion cumulative inflow mark in less than two months since their debut. On January 6, 2026, the token's price surged 11%, reaching nearly $2.40 as market sentiment turns decidedly bullish.

Tightening Supply Meets Record Institutional Demand

Monday alone saw $48 million in new capital enter the ETFs, continuing a remarkable streak without a single day of outflows since the November 13 launch. According to CoinDesk, several of these products recorded their highest single-day trading volumes this week, signaling a significant shift in institutional appetite.

The rally isn't just about demand; it's also about a massive supply crunch. On-chain data indicates that XRP balances on centralized exchanges have plummeted to multi-year lows. With fewer tokens available for sale, even modest buying pressure is driving prices up rapidly through previous resistance levels.

Regulatory Tailwinds Fuel Early 2026 Rally

The change in mood follows key shifts at the SEC. The exit of Commissioner Caroline Crenshaw and talk of new market structure legislation coming in January have led traders to believe the U.S. regulatory environment is becoming more constructive. For XRP, which spent years under a legal cloud, this is the 'green light' many were waiting for.