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XRP and Solana ETFs see record inflows as the CLARITY Act clears a Senate committee. Learn why Ethereum ETFs are bleeding and what the data says for crypto.
Bitcoin rallied to $82,000 on May 14 after the Senate Banking Committee passed the CLARITY Act, a move that triggered a broader recovery for crypto assets [2]. While Bitcoin ETFs rebounded with $131 million in inflows that day, the market’s performance has diverged sharply based on specific project catalysts [2]. XRP and Solana ETFs have maintained consistent institutional buying streaks throughout May, while Ethereum ETFs have faced persistent outflows [2].
The CLARITY Act has become the primary driver for XRP’s recent momentum. The bill, which codifies XRP as a digital commodity, cleared the Senate Banking Committee on May 14 with bipartisan support from two Democrats joining the Republican majority [2]. This regulatory progress has fueled institutional confidence, with cumulative XRP ETF inflows crossing $1.37 billion [2]. Standard Chartered projects that if the bill passes the full Senate before the August recess, inflows could reach between $4 billion and $8 billion by year-end [2]. Bitwise has emerged as the preferred fund for these large institutional orders, signaling a shift in where capital is flowing [2].
Solana has seen similar institutional interest, logging 11 consecutive days of inflows through May 14 [2]. This demand is tied to both technical and institutional milestones. On May 11, the Alpenglow upgrade—which aims to reduce block finality from 12.8 seconds to 150 milliseconds—went live on the Solana testnet [2]. The network also gained a notable institutional endorsement on May 14, when Dartmouth College’s $9 billion endowment disclosed a $3.3 million position in the Bitwise Solana Staking ETF [2]. Because the fund passes validator rewards directly to shareholders, it offers institutions a yield-bearing alternative that spot Bitcoin and Ethereum ETFs currently lack [2].
Ethereum remains the outlier in the current market environment, recording $189.46 million in outflows between May 11 and May 14 [2]. Unlike XRP and Solana, which have clear regulatory or technical catalysts, Ethereum lacks a comparable near-term driver on the calendar [2]. This absence of news has left ETH vulnerable to broader market swings, even on days when the rest of the crypto sector rallies [2].
Bitcoin’s volatility highlights the market's sensitivity to legislative news. After a $635 million outflow on May 13, the asset recovered quickly once the CLARITY Act cleared the committee, demonstrating that institutional demand remains highly reactive to regulatory developments [2]. With the Senate floor vote scheduled for June, the market is now waiting to see if the bill can secure the 60 votes necessary to become law before the August recess [2]. The open question remains whether the current institutional appetite for XRP and Solana can sustain itself if the legislative timeline faces further delays.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jun 13, 2026 · How we report
Sources report that Ripple’s products increasingly use the stablecoin RLUSD instead of XRP, and the token’s price is largely speculative, leading to a divergence between the token’s performance and the company’s valuation.
RLUSD is a stablecoin pegged to the U.S. dollar that offers a less volatile bridge asset for cross‑border payments, potentially cannibalizing XRP’s use in the ledger.
According to the sources, the lawsuit concluded in 2025 with a lighter fine and a ruling that XRP was not an unlicensed security when sold to retail investors, leading to relisting on exchanges.
Ripple secured full MiCA licensing in Europe, enabling payments across 30 countries, and may benefit from the upcoming U.S. Digital Asset Market Clarity Act.
Sources suggest that Ripple’s equity may have more long‑term upside due to diversified products, while XRP’s value remains tied to speculation and volatility.