XRP Price Surges as US Senate's Market Structure Bill Boosts Institutional Demand

The proposed Market Structure Bill in the US Senate has sent shockwaves through the cryptocurrency market, with institutional demand for Bitcoin (BTC)-spot ETFs surging. This surge in demand has led to a rebound in the XRP price, with the token rallying by over 6% on February 25.

According to data from US BTC-spot ETF issuers, net inflows of $257.7 million were recorded on February 24, reversing the previous day's outflows of $203.8 million. This has led to a boost in broader crypto market sentiment, with the US XRP-spot ETF market reporting net inflows of $1.23 billion since launching in November 2025.

While the short-term outlook for XRP remains bearish, with a target price of $1.0, improving demand for BTC-spot and XRP-spot ETFs, as well as hopes that the US Senate will pass the Market Structure Bill, have reaffirmed bullish medium- to long-term price projections.

The key downside risks to this bullish trend include a full-blown US-Iran conflict, delays or partisan opposition to the Market Structure Bill, and extended periods of XRP-spot ETF net outflows. Traders should also monitor Bank of Japan rhetoric and USD/JPY trends, given the impact of the mid-2024 yen carry trade unwind on XRP.