‘XRP Price Could Double By End of Year’, Says Canary Capital CEO

$XRP pulled in $60 million in net ETF inflows last week, its strongest weekly performance of 2026, pushing cumulative inflows to $1.39 billion. Canary Capital CEO Steven McClurg says that number is just the beginning.

“I believe that $XRP could probably double in price by the end of the year,” McClurg told the show directly. “And in addition to the double in price, we also probably see a 30% increase in interest by the end of the year.”

That is not a vague bullish take. It is a specific, timestamped prediction from the CEO of one of the first firms to file a spot $XRP ETF in the United States.

The Roadmap McClurg Is Seeing

McClurg laid out a three-phase view of how $XRP gets there.

Phase one: Tough summer. McClurg was candid that summer will not be easy. “I do believe the summer is going to be a tough summer for equities and crypto across the board.” He did not sugarcoat the near-term.

Phase two: Midterm drag. As the US enters midterm election season, attention and capital flow away from markets and toward political positioning. Crypto historically underperforms during this window.

Phase three: Post-midterm surge. “Once we go into the midterm election season and then after midterms, that is when I believe you will see a lot more inflows coming into the ETFs.” The CLARITY Act, tokenized securities, and RWA growth all feed into that post-midterm wave.

The One Number to Watch

$1.39 billion in cumulative $XRP ETF inflows with the strongest weekly print of 2026 just logged. McClurg believes that number grows 30% by December, driven by post-midterm capital rotation, RWA momentum, and CLARITY Act passage giving institutional allocators the green light they have been waiting for.

$XRP is trading around $1.40 today. McClurg’s double target puts it above $2.80 by year end.

The summer will test that thesis. The post-midterm window is where he says it gets proved right.