U.S. spot XRP exchange-traded funds (ETFs) recorded a combined net inflow of $25.8 million on May 11, marking the highest single-day inflow since January 5. Franklin Templeton, Bitwise, and Grayscale all contributed to the positive flows, with Franklin Templeton’s XRPZ leading at $13.6 million. This surge reflects growing institutional interest in regulated crypto assets, alongside continued inflows into Bitcoin and Solana ETFs. Ripple is also expanding its institutional finance services, recently completing a pilot cross-border payment using tokenized U.S. Treasuries and securing $200 million in financing to boost its brokerage and trading services.
Senate Republicans have introduced a new 630-page version of the CLARITY Act, a significant crypto regulation bill affecting Bitcoin, XRP, and Ethereum. The updated bill clarifies distinctions between decentralized and non-decentralized finance proto...
XRP ETFs continued their positive inflow streak with $12.29 million added, led by Bitwise and Grayscale, pushing total 30-day net inflows to about $185 million. Meanwhile, Bitcoin ETFs experienced $120.24 million in outflows for the second consecutiv...
Canada's main financial regulator has approved XRP-based ETF options for trading in the US, allowing major Canadian banks to invest in XRP through regulated financial products. The Canadian Derivatives Clearing Corp has registered XRP Evolve ETF and ...
Ripple Treasury has enhanced its GSmart platform by adding AI tools that help with forecasting, liquidity, risk management, reconciliation, and reporting, while keeping human approval mandatory for financial transactions. The system separates financi...
Ripple has burned 15 million RLUSD tokens, worth about $15 million, as part of its treasury management. This burn follows several recent large minting and redemption transactions responding to institutional demand. Despite the burn, RLUSD's market ca...
