U.S. institutional investors rotated capital into XRP spot ETFs, recording daily net inflows of $5.66 million, while Hyperliquid (HYPE) funds lost $698,040 in the same period, according to SoSoValue data.
The shift in trend coincides with the advancement of the CLARITY Act in the U.S. Senate, legislation that would transfer oversight of digital commodities to the CFTC and leave the SEC solely in charge of tokens classified as securities.
Trader optimism intensified following statements by Treasury Secretary Scott Bessent, who described the bill as being on the “one-yard line” ahead of its passage. Senate Majority Leader John Thune and White House officials confirmed that negotiations are progressing on the ethics provisions that had generated internal friction.
Prediction markets currently point to between 50% and 70% odds that the bill will be approved before the August legislative recess.
For investors, XRP ETFs function as a direct bet on Ripple, the company that develops payment solutions based on the XRP Ledger. Legal clarity would broaden the company’s operational scope, including the expansion of its stablecoin RLUSD.
Outside of XRP, the rest of the altcoin market showed a different and uneven picture: Solana maintained elevated capital levels due to its presence in real-world asset tokenization, while Litecoin, Dogecoin and funds tracking BNB, LINK, HBAR, AVAX and DOT recorded minimal or zero flows.
Source:Â https://sosovalue.com/es/assets/etf/us-xrp-spot
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