XRP Surges by Nearly 6% Amid ETF Inflows and Regulatory Hopes
XRP's price has surged by nearly 6% due to sustained institutional inflows into US spot XRP ETFs and expectations of regulatory clarity from the CLARITY Act.
According to recent data, institutional net inflows to US spot XRP ETFs have reached over $215 million this quarter, following $270 million last quarter. This influx of capital is driving demand for XRP and supporting its bullish tone.
The upcoming Senate vote on the CLARITY Act has also contributed to XRP's price increase, as it could grant XRP commodity status in secondary markets and boost institutional interest further.