XRP ETF surges to $26M in opening volume within 30 minutes

Core Insights - The first U.S. spot XRP ETF, XRPC, launched with impressive initial trading volume of $26 million within the first 30 minutes [1][2] - The launch follows significant anticipation, with Nasdaq certifying the listing and the SEC allowing the product to become effective during a government shutdown [2] - XRP had been trending upward prior to the launch, indicating strong market positioning for the ETF [3] Trading Performance - XRPC's early trading performance positions it between the historic launches of Bitcoin and Ether ETFs and the more modest altcoin ETF performances [4] - Bitcoin ETFs launched in January 2024 achieved a record $4.6 billion in first-day volume, marking a significant moment for crypto adoption [5] - Ether ETFs, which debuted in July 2024, also saw substantial activity, with eight products generating nearly $600 million in volume during their first trading day [6] Comparison with Altcoin ETFs - Altcoin ETFs have generally seen lower opening-day volumes, with the Bitwise Solana Staking ETF (BSOL) leading at $56 million in October 2025 [7] - XRPC's opening-hour volume places it among the top-performing altcoin ETFs, with potential to become the largest debut in this category if momentum continues [8]