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XRP ETF Flows Cool, XRPL Security Fix & Congress Shifts
Audio is available on Spreaker — see link below.
XRP ETF inflows dropped from $121M to near zero as institutional appetite pauses, while the XRPL activated a key security amendment and Congress handed crypto regulation a new challenge. Brad Garlinghouse and David Schwartz stepped up to defend XRP's utility amid community frustration.
Audio is available on Spreaker — see link below.
Brad Garlinghouse stepped up this week to defend XRP's role in Ripple's expanding empire, and the conversation tells us a lot about where this project stands right now. Community frustration has been building, with holders pointing to the sixty-six percent gap from all-time highs and asking why institutional deals and RLUSD expansion haven't translated into stronger token demand.
Here's a development that deserves more attention than it's getting. The XRP Ledger activated the fixCleanup three-four-zero amendment on November fourth, closing a token-permission loophole for issued assets on the network.
ETF flows have cooled. October inflows came in at eighteen-point-eight million dollars, down significantly from September's one hundred and twenty-one-point-four million.
On a separate front, around eighty-six million XRP stolen from Binance has been converted to approximately one-thousand-six-hundred-and-fifty Bitcoin through THORChain. Around one-hundred-and-forty-eight million XRP remains with the attackers.
Stepping back to the wider landscape, Democrats won control of both houses of Congress on November sixth. Elizabeth Warren is expected to chair the Senate Banking Committee from January twenty twenty-seven, and her position on crypto regulation leans toward stricter SEC-led oversight.
The two things worth watching closely from here are whether institutional ETF demand finds a floor and returns, and how the legislative picture develops before January third. Ripple's enterprise strategy is still building out.
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