Institutional selling pressure remained firmly in control on Tuesday as bitcoin ETFs posted another major wave of outflows, while ether funds extended their losing streak to seven consecutive sessions. In contrast, solana and XRP ETFs continued to attract modest but steady inflows, reinforcing a

According to a report by Bitcoin.com News, Evernorth published a series of posts on X on May 18, revealing operational details of a cross-institution tokenized U.S. Treasury bond redemption transaction. Evernorth said that the XRP Ledger (XRPL) served as the settlement coordination layer in the transaction involving Ondo Finance, JPMorgan’s Kinexys, Mastercard, and Ripple. Transaction workflow confirmed by Evernorth Based on the workflow Evernorth described in its X posts: · Ripple redeemed OUSG

XRP gained renewed attention after Evernorth highlighted how the crypto asset facilitated a tokenized Treasury redemption across Ripple, Mastercard, J.P. Morgan’s Kinexys, and Ondo Finance. Key Takeaways: J.P. Morgan’s Kinexys infrastructure interacted with the XRP Ledger during a