Overview
- XRP jumped to roughly $1.55 after the Senate Banking Committee approved the CLARITY Act 15–9, then slipped back into the mid‑$1.40s with buyers defending about $1.43.
- Heavy selling at $1.50 blocked a lasting move higher, and softer risk appetite linked to rising yields kept traders from chasing the rally.
- U.S. spot XRP exchange‑traded funds took in about $18.5–$19 million in one day, lifting cumulative inflows to about $1.37 billion and pushing total net assets near $1.25 billion.
- Futures positioning increased ahead of the vote as open interest climbed, signaling more traders were placing directional bets rather than scaling back.
- Large holders now control about 68.5% of the circulating XRP supply, a concentration that can tighten available float and amplify swings when those wallets buy or sell.