First US Spot XRP ETF Debuts With $58M Volume, Year’s Best Launch

Canary Capital’s XRPC, the first US spot exchange-traded fund offering direct exposure to XRP, made a powerful entrance on Thursday with $58 million in first-day trading volume. Key Takeaways: Canary Capital’s XRPC ETF debuted with $58 million in volume, the strongest first-day performance of any ETF launched this year. XRPC and Bitwise’s Solana ETF now dominate 2025 ETF launches, with the next-best fund trailing by more than $20 million. The surge reflects rising institutional demand for regulated a ...