21Shares identified regulatory clarity, institutional investor participation, real-world utility and fixed supply as key pillars of its XRP investment case. XRP has a total supply of 100 billion, with more than 14 million tokens already burned. Cumulative net inflows into seven U.S. spot XRP ETFs exceeded $1.7 billion as of the 9th. The report also cautioned that greater network usage does not necessarily translate into sustained demand, Bitcoin.com reported.