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Crypto

How far can demand for XRP spot ETFs go? Grayscale says they could absorb 5 to 6 percent of supply

XRP spot exchange-traded funds could absorb 5 to 6 percent of XRP’s circulating supply in the short term, a forecast said. Grayscale Investments research head Zach Pandl said on a podcast that all listed XRP ETFs combined could ultimately hold about 5 to 6 percent of supply, calling it an initial estimate. XRP spot ETFs have recorded cumulative net inflows of $1.42 billion since launch, though total net assets slipped with recent price declines.

Crypto

Polymarket puts 2026 enactment odds for CLARITY Act at 73% ahead of May 14 review

Polymarket raised the implied probability that the U.S. CLARITY Act, a crypto market structure bill, will be enacted in 2026 to 73 percent. BeInCrypto reported the figure rose from 46 percent in early May, with attention on a May 14 Senate Banking Committee meeting in Washington. The bill cleared the House last July but stalled in the Senate. Industry groups are still seeking changes, including to a revenue-related compromise affecting stablecoin issuers.

Crypto

Bitcoin drop not driven by quantum computing but risk aversion across high-tech assets

Bitcoin’s recent decline is being driven by risk aversion across high-tech assets rather than threats from quantum computing, an analysis said. Grayscale Research pointed to a de-risking trend across advanced technology assets, noting quantum-related stocks have moved in the same direction as bitcoin in recent months. It said that pattern does not align with interpretations of a new quantum threat to the bitcoin network. Grayscale added the pullback does not change bitcoin’s role as a store of value.