Are XRP ETFs About To Act Like Banks? Expert Thinks So

US Senate debate over a bill called the Clarity Act has reignited discussion about XRP and other crypto products, and how they might be treated under US rules.Reports have disclosed that the bill could give clearer status to tokens that back US-listed ETFs, moving them closer to commodity-style treatment.
XRP spot ETFs have also drawn large capital, with inflows reaching about $1.37 billion since their November 2025 launch — a figure that underlines why lawmakers and market watchers are pa