Overview
- U.S. spot XRP funds took in $25.8 million Monday, May 11, the largest single‑day haul since Jan. 5, lifting cumulative ETF inflows to about $1.35 billion.
- Digital‑asset products logged $857.9 million in weekly inflows, with Bitcoin drawing $706.1 million and pushing total assets in these funds to roughly $160 billion, according to CoinShares.
- Ripple secured a $200 million debt facility from funds managed by Neuberger Specialty Finance to scale its prime brokerage, after piloting sub‑five‑second tokenized U.S. Treasury settlement on the XRP Ledger with JPMorgan, Mastercard and Ondo.
- The Senate Banking Committee set a May 14 executive session on the CLARITY Act, a bill that would spell out how digital assets are classified and ease bank–crypto frictions around stablecoins.
- Derivatives data show a bearish tilt on major exchanges even as spot demand builds, leaving staying power tied to Bitcoin holding near $80,000 and to whether ETF buying broadens beyond short bursts.