Canary Capital's Spot XRP ETF Posts $58M Debut, Tops 900 Rivals

Ripple announced a major revamp of its Ripple Payments platform to become a unified business service that bridges traditional finance and digital assets, building on capabilities from its Palisade and Rail acquisitions. The move signals a push to win more bank adoption for XRP-linked payments.

Harvard's endowment cut Bitcoin exposure while adding Ether, a shift experts say reflects volatility and private equity cash needs rather than a bearish verdict on crypto. Analysts see the change as a constructive sign for ETH and broader institutional engagement.

Ripple completed its March escrow operation on March 3, re-locking 700 million XRP to manage circulating supply. The monthly action reinforces the company’s ongoing supply-management program and maintains predictable issuance.

Ripple executed the largest single issuance to date of its RLUSD stablecoin on March 2, 2026, expanding the token's circulating supply. The move could deepen liquidity across Ripple's payments and DeFi corridors and may influence XRP dynamics.

Bitcoin and Ethereum ETFs snapped a five-week losing streak as crypto funds attracted about $1 billion in net inflows last week, offering a tentative lift to prices. Markets are watching whether this marks the start of sustained recovery or a short-lived reprieve.