In a small saucepan, warm the milk over medium heat until it starts to steam. Be careful not to let it boil, you want it warm, not scalding.
Add the white chocolate chips to the steaming milk. Stir continuously until the chocolate is completely melted and blended into the milk. This gives your hot chocolate a creamy, rich base.
Add the sugar and stir until it dissolves completely. This helps enhance the flavor and gives your drink a little extra sweetness.
Now for the fun part, add 2-3 drops of red food coloring. Stir well to evenly distribute the color. If you want a deeper red shade, add another drop or two. For a lighter pink, stick to just 1 or 2 drops.
Let the mixture heat for another 2-3 minutes, stirring occasionally to keep everything smooth and combined.
Remove from heat and pour your red velvet hot chocolate into a cute mug. Top it off with a big swirl of whipped cream, then sprinkle red and pink sprinkles over the top for that extra festive touch.
Take a sip and bask in the deliciousness of your homemade red velvet hot chocolate.