US spot XRP ETFs launched in November with rapid inflows totaling $1.49 billion but have since seen a 99% decline in weekly investments, dropping from over $200 million to near zero by July. The funds now hold $997 million in assets with an unrealized loss of about $493 million, mostly concentrated in three major funds. Institutional interest remains limited, with 84% of holdings retail-based and Goldman Sachs's reported position likely reflecting client facilitation rather than conviction. The recovery of inflows hinges entirely on the pending CLARITY Act Senate vote, which could provide legal clarity and unlock institutional demand, but its passage remains uncertain. Investors should watch weekly flows, fund concentration, and the legislative outcome for signs of renewed interest.
XRP spot flows have surged by 182%, indicating a sharp rise in trading activity on spot exchanges. Despite this, XRP's price remains below key resistance levels and moving averages, keeping the long-term trend bearish. The increase in spot flows like...
Despite Ripple securing a key EU MiCA authorization allowing it to offer regulated crypto services across Europe, XRP has failed to sustain gains above the critical $1.10 level. The token traded around $1.11 with increased volume but showed a muted p...
The XRP Ledger (XRPL) is evolving beyond payments into a blockchain designed for institutional tokenization of real-world assets (RWAs), offering native on-chain asset issuance, a decentralized exchange, compliance features, fast settlement, and a re...
The US Digital Asset Market Clarity Act, aimed at reforming crypto market rules by shifting oversight from the SEC to the CFTC, remains stalled in the Senate amid ongoing disputes. Ripple CTO Emeritus David Schwartz highlighted the frustration by nic...
Dogecoin fell 4.5% and ether dropped 2.5% on Friday, leading a mild retreat across major cryptocurrencies as the market took a breather after a strong week. Bitcoin was relatively stable, down only 0.6% to about $65,400. Despite the pullback, most ma...
