According to CoinShares, the net inflow into XRP-based investment products surged by approximately 1220% over the past seven days, increasing from $3 million in the previous week to $39.6 million. James Butterfill, an analyst at CoinShares, explained, "The recent increase in XRP fund inflows is a response from institutional investors to the progress in discussions regarding the US CLARITY Act." In particular, as discussions on stablecoin and cryptocurrency regulatory bills have progressed in the US Senate recently, expectations for altcoin regulatory clarity have grown, leading to an expansion of institutional fund inflows. By region, US investor funds accounted for approximately 86% of the total XRP ETF net inflow, totaling $34.21 million, while inflows from other regions such as Germany and Switzerland amounted to approximately $5.39 million.