 
 
XRP exchange-traded funds (ETFs) are defying the bearish outlook for the broader cryptocurrency market, posting the highest inflows in four weeks. The increase in institutional demand coincides with mainstream adoption of the XRP Ledger after Australia granted regulatory approval for the Australian dollar. At press time, XRP was down 3.28% on the day to $1.36.
The XRP ETF’s revenue reached $7.53 million, the highest in 4 weeks
Information from SoSoValue increases the demand for approvalr Identify the XRP ETF among US investors despite the decline in network activity. On March 3, product imports reached $7.53 million, the highest amount since February 4. In fact, the data shows that ETFs have recorded positive flows for six consecutive trading days.
The majority of inflows came from the Bitwise ETF, which accounted for $6.08 million, while Canary recorded $1.45 million. Total product imports now exceed $1.2 billion, while net assets are valued at $1 billion, which equates to 1.21% of XRP’s market capitalization.
The latest data adds to the bullish month recorded by XRP, with the latest CoinShares report showing monthly inflows of $106 million. That’s significantly higher than Ethereum’s $53 million exit during the month.
Per CoinShares, XRP ranks fourth in terms of assets under management, with fund managers holding $2.4 billion in XRP AUM. That’s more than Solana’s AUM of $2.15 billion.
 
Australia’s digital dollar is launched on the XRP Ledger
The growing demand for XRP by institutions may increase following the recent move by the Australian Securities and Investments Commission (ASIC) to grant the Australian Financial Services License (AFSL) to the stablecoin AUDD.
AUDD works on the XRP Ledger and other blockchain networks, including Ethereum, Solana, and XRP’s rival, Stellar. The recent regulatory approval has removed the regulatory risk barrier for domestic banks and asset managers wishing to transact with AUDD, and this may increase interest in blockchains that run Stablecoins, including the XRP Ledger.
The development comes after Ripple announced that in 2026 the company plans to make the XRP Ledger ecosystem available for funding, technical support and venture networks. It said it will achieve this through initiatives such as partnerships with various ecosystem organizations.
