First spot XRP ETF starts trading in US
Crypto Briefing
The first US-listed spot XRP ETF, XRPC from Canary Capital, began trading on Nasdaq on November 13.Summary
The Canary XRP ETF (XRPC), the first US-listed fund to track the spot price of XRP, commenced trading on November 13 after receiving certification from Nasdaq. This launch is a significant step for institutional investors seeking direct exposure to XRP through traditional stock exchanges, leveraging XRP's utility in cross-border payments and fintech ecosystems. The ETF's debut follows a period of increased regulatory clarity that allows spot-based crypto investment vehicles to operate within established US financial frameworks.
(Source：Crypto Briefing)