Ripple News: Canary's XRP ETF Tops 2025 Debuts with $58M Day-One Volume
CoinDesk
Canary Capital's XRPC, the first U.S. spot XRP ETF, debuted with $58 million in volume, the highest for any 2025 launch.Summary
Canary Capital's XRPC, the first U.S. spot exchange-traded fund (ETF) tied to XRP, achieved an impressive first-day trading volume of $58 million on November 14, 2025. This volume narrowly surpassed Bitwise’s Solana ETF (BSOL), which logged $57 million, making both funds the clear front-runners among the more than 900 ETF launches this year. The strong debut signals growing institutional interest in diversifying digital asset investments beyond Bitcoin and Ether into regulated investment vehicles offering exposure to altcoins like XRP. While the immediate price reaction for XRP was muted, the high trading volume underscores significant demand for mainstream access to the XRP Ledger's utility.
(Source：CoinDesk)