XRPUSD Trading Remains a Commodity Amid Regulatory Uncertainty

XRPUSD has been classified as a commodity on exchanges since the 2023 court ruling and March SEC-CFTC view.

This classification remains unchanged despite the Senate's rejection of the CLARITY Act.

Ripple CEO Brad Garlinghouse called the Senate defeat 'painful' and urged a post-mortem, but emphasized that SEC and CFTC rulemaking will continue to shape XRPUSD trading amid regulatory uncertainty.

The XRP network has seen record activity with 8.57M unique addresses, while U.S. spot XRP ETFs have reported $1.71B net inflows and $1.588B AUM.