US-spot Bitcoin ETFs just recorded their biggest day of inflows since October,

and a wave of last-minute changes hits the Senate Banking Committee ahead of tomorrow's landmark crypto hearing.

You're watching CoinDesk Daily. I'm your host, Jen Sanasi.

Institutional investors are back.

US-Spot Bitcoin ETF saw a massive surge on Tuesday, pulling in more than $753 million in the single day.

Fidelity led the charge, hauling in $351 million. Analysts say the buying spree suggests big players are finishing with year-end rebalancing and are rotating back into risk assets.

The move is being lifted by cooling inflation data, fueling hopes that the Federal Reserve

will finally pull the trigger on rate cuts later this year. The capital injection pushed

Bitcoin back toward the $95,000 mark, while Ether outperformed with a 6% jump as its own

ETFs saw a spike in demand.

Turning to Washington, a series of last-minute changes is shaking up the Senate Banking Committee

just 24 hours before Thursday's crypto hearing. Senators have filed more than 75 amendments

to the market structure bill. The proposals target everything from stable coin yields to political

ethics. While there is some

bipartisan common ground, deep divides remain over anti-corruption measures aimed at the Trump

administration's crypto ties. Democrats are also pushing for progress on stalled nominees at the

SEC and CFTC. With the Agriculture Committee delaying its own markup until late January, all eyes are now

on the banking committee to see which of these proposals survive the cutting room floor. And finally,

Ripple is doubling down on its European expansion. The firm just secured preliminary approval

for an e-money license in Luxembourg. It's a critical regulatory nod that would allow

Ripple to passport its payment services across the entire European Union. This comes just one

week after Ripple's UK subsidiary received similar approvals. As of this morning, XRP is trading

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