First spot XRP ETF achieves record $58m day-one volume, leading 2025 ETF launches
Crypto Briefing
The first spot XRP ETF, XRPC, debuted with a record $58 million in day-one trading volume.Summary
Canary Capital's spot XRP ETF, XRPC, launched on Nasdaq and achieved a record $58 million in day-one trading volume, leading other 2025 ETF launches, according to Bloomberg ETF analyst Eric Balchunas. This fund is the first US-listed spot ETF dedicated to XRP, expanding the digital asset investment landscape beyond Bitcoin and Ether ETFs, similar to the recent launch of Solana-based products like BSOL. Despite the strong ETF debut, XRP's price dropped about 4% to $2.3 in the preceding 24 hours, influenced by a broader market pullback after Bitcoin fell below $99,000.
(Source：Crypto Briefing)