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Singapore-based cryptocurrency exchange Bitrue reports that XRP spot buying volume has surged by 212%, far exceeding selling volume. This surge occurred between February 23 and 24, coinciding with the continuous accumulation of XRP by institutional investors since the launch of the XRP ETF, which has attracted a total of $1.1 billion in net funds. Bitrue believes this could lead to a supply shortage and is expected to boost XRP's performance in the second quarter of 2026. Currently, XRP is trading at $1.43, up 5.13% in the past 24 hours.