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XRP ETF Inflows Hit $7.53M, Highest in 4 Weeks
Information from SoSoValue confirms rising demand for spot XRP ETFs amongst US-based traders regardless of declining community exercise. On March 3, inflows to the product reached $7.53 million, which is the very best quantity recorded since February 4. In reality, the info exhibits that the ETFs have recorded constructive flows for the final six consecutive buying and selling days.
Many of the inflows got here from the Bitwise ETF, which noticed $6.08 million, whereas Canary recorded $1.45 million. The full cumulative inflows for the product have now surpassed $1.2 billion, whereas the online property are valued at $1 billion, equal to 1.21% of XRP’s market cap.
The latest knowledge provides to the bullish month that XRP has recorded, with CoinShares latest report displaying month-to-date inflows of $106 million. That is notably increased than Ethereum’s $53 million in outflows throughout the month.
Per CoinShares, XRP ranks fourth when it comes to property underneath administration, with fund managers holding $2.4 billion in XRP AUM. That is increased than Solana’s AUM of $2.15 billion.
 
Australia’s Digital Greenback to Launch on XRP Ledger
The rising demand for XRP by establishments might proceed to rise following the latest transfer by the Australian Securities and Investments Fee (ASIC) to subject an Australian Monetary Providers License (AFSL) to the AUDD greenback stablecoin.
The AUDD runs on the XRP Ledger and different blockchain networks, together with Ethereum, Solana, and XRP rival, Stellar. The latest regulatory approval has eliminated the regulatory danger barrier for home banks and asset managers in search of to transact with AUDD, and this might drive curiosity within the blockchain on which Stablecoin runs, together with the XRP Ledger.
The event comes after Ripple introduced that, in 2026, the corporate plans to make the XRP Ledger ecosystem accessible for funding, technical assist, and enterprise networks. It mentioned it will obtain this by means of initiatives equivalent to partnerships with varied ecosystem organizations.
