The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly classified XRP as a digital commodity, ending the long-standing debate over its status as a security. This decision aligns with Ripple's consistent position that XRP was never a security, as emphasized by Ripple's Chief Legal Officer, Stuart Alderoty. The new classification provides regulatory clarity, grouping digital assets into categories such as digital commodities, collectibles, and payment stablecoins. The announcement has bolstered confidence in XRP investment products, with XRP exchange-traded funds (ETFs) experiencing positive net inflows. Since their launch, these ETFs have attracted between $1.25 billion and $1.4 billion in cumulative inflows, reflecting sustained institutional interest. The SEC's decision marks a significant step in establishing a clear regulatory framework for digital assets, moving away from a decade of uncertainty and enhancing the appeal of XRP within regulated financial markets.