[DigitalToday reporter Yoonseo Lee (이윤서)] U.S. institutional money is moving into spot XRP exchange-traded funds (ETFs).

U.Today, a blockchain outlet, reported on Tuesday that daily net inflows into XRP-related funds totalled $5.66 million, while $698,040 flowed out of Hyperliquid (HYPE)-related funds.

The shift in money flows comes as debate over the Clarity bill in the U.S. Senate picks up pace. The bill passed the U.S. House of Representatives in July 2025. It would transfer oversight authority for digital commodities to the U.S. Commodity Futures Trading Commission (CFTC) and leave the Securities and Exchange Commission (SEC) in charge of only tokens classified as securities.

The market is seeing demand build for assets tied to U.S. jurisdiction as the chances of passage rise. U.S. Treasury Secretary Scott Bessent said the bill is at the "1-yard line" just before approval. Senate Majority Leader John Thune and White House officials also confirmed progress in talks, and differences over ethics provisions were reported to have eased.

The Senate plans to hold a closed-door special briefing soon and discuss ways to move up an official vote. Democratic opposition remains, but prediction markets put the probability of passage at 50 to 70 percent.

Money is flowing into XRP because of its connection to Ripple. Investors are taking positions through spot XRP ETFs as a beta-style investment in Ripple, a U.S. company that develops payment solutions based on the XRP Ledger (XRPL). Expectations appear to be reflected that reduced legal uncertainty would create more room for Ripple to expand its infrastructure and could also create space for RLUSD to expand.

ETF flows are also selective within altcoins. Bitcoin extended inflows for a sixth straight trading session, and Ethereum maintained its existing trend. XRP attracted inflows at a pace similar to Solana, while the decentralised finance (DeFi) segment represented by Hyperliquid showed weakness.

Outflows from Hyperliquid-related products were also seen in detail. Investors are pulling money from BlackRock-related funds. Inflows into Bitwise funds have effectively stopped, and Grayscale recorded only symbolic levels of daily trading. These outflows extend a weak trend that has continued since last week.

The broader spot altcoin ETF market is largely stagnant. Only limited interest was seen in Litecoin (LTC) and Dogecoin (DOGE), and money flows into funds linked to BNB, Chainlink (LINK), Hedera (HBAR), Avalanche (AVAX) and Polkadot (DOT) have stopped completely.

The Senate voting schedule has not been set. Recent fund flows show U.S. large investors are no longer betting on regulatory uncertainty and are reshaping portfolios toward assets that fit the rules of the market ahead. With the prospect that an organised regulatory framework could also bring attention to expanded activity on XRPL and the possibility of corporate adoption of XRP, focus is on whether the fund shifts will continue before and after the Senate vote.