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The Polylog Crypto Intelligence Brief

Morning Edition · Monday, July 13, 2026Published at 1:24 AM EDT · New York

Ripple's CEO Says the Company Once Weighed Shutting Down and Handing XRP to Shareholders

Brad Garlinghouse's disclosure lands as XRP futures positioning drops by about $700 million and spot ETFs record net outflows, even while the XRP Ledger builds an institutional pipeline.

Ripple's CEO Says the Company Once Weighed Shutting Down and Handing XRP to Shareholders

Ripple chief executive Brad Garlinghouse said he and co-founder Chris Larsen once considered winding the company down and distributing its XRP holdings to shareholders before deciding instead to fight the securities lawsuit the Securities a…

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Spot-ETF Flows Set the Marginal Crypto Price

Creation and redemption in spot Bitcoin and Ether exchange-traded funds have become the marginal price-setting flow for the two largest crypto assets, so allocation decisions at a small number of asset managers transmit macro conditions into crypto faster than on-chain fundamentals do.