Melt the white chocolate chips in a microwave-safe bowl.
In a separate bowl, mix cream cheese, crushed graham crackers, and vanilla extract until smooth.
Combine the melted chocolate with the cream cheese mixture and mix well.
Chill the mixture in the refrigerator for about 30 minutes.
Once chilled, scoop out small portions and roll them into balls.
Roll the truffles in red and blue sprinkles to coat.
Place the truffles on a baking sheet and refrigerate until firm.
Serve chilled and enjoy your festive treats!