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XRP ETFs see inflow after CLARITY Act news; SHIB burns surge 9,241%; Musk launches X Money without crypto.

Market News
28 Jul 2026
UToday
View Source
Bullish
pluang ai news

Franklin Templeton's $592,470 inflow breaks a three-day zero streak for U.S. spot XRP ETFs, pushing net assets above $1 billion amid regulatory optimism from the CLARITY Act. Shiba Inu's burn rate skyrocketed 9,241% with 2.8 billion tokens destroyed, yet its price dropped 6.55% due to whale profit-taking. Elon Musk launched X Money in the U.S., offering a 6% yield and FDIC-insured cash but excluding Dogecoin and Bitcoin, signaling a focus on traditional fiat payments. Bitcoin faces pressure ahead of the Fed's rate decision, with traders reducing risk and spot BTC ETFs seeing outflows.

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