XRP and Solana ETFs see strong inflows as US Senate nears vote on crypto clarity bill

U.S.-listed spot ETFs for XRP and Solana experienced significant net inflows, with XRP ETFs gaining about $25.8 million and Solana ETFs about $26.6 million on May 11. This reflects ongoing institutional demand for regulated crypto exposure amid pending U.S. Senate legislation aimed at clarifying crypto market regulations. The Senate Banking Committee is expected to vote on the crypto clarity bill on May 14, a key step toward defining regulatory responsibilities for exchanges and issuers. Meanwhile, stablecoin issuance on Solana and Tron networks continues to grow, signaling rising on-chain liquidity and payment use, while regulatory scrutiny intensifies globally, including in South Korea.