Place the butter, cream cheese and yogurt in a medium bowl. Using a mixer, beat the mixture until light and fluffy.
Add the flour, powdered sugar, and vanilla extract. Beat until combined, scraping down the sides when necessary.
Add the white chocolate chips, then half of the serving of sprinkles. Combine once again using a mixer or spatula. Move from the stand mixer bowl to a smaller serving bowl.
Place the remaining sprinkles on top of the dip for decoration.
Serve immediately with your choice of dippers
