XRP ETF Tops 2025 Launches With Over $58 Million Day-One Volume, But XRP Falls 5%
Canary Capital's XRP ETF (XRPC) achieved record first-day volume for 2025 launches, yet XRP's price dropped over 5%.Summary
Canary Capital's newly launched XRP ETF, ticker XRPC, became the top-performing ETF debut of 2025, recording $58.6 million in day-one trading volume, surpassing over 900 launches this year. This strong debut, which narrowly beat Bitwise's Solana ETF, suggests significant institutional appetite for regulated XRP exposure, as entities like pension funds and hedge funds can now access the asset without direct custody complexities. Despite the ETF's success, the underlying asset, XRP, experienced a market pullback, falling over 5% in the preceding 24 hours to trade at $2.30, reflecting a broader crypto market cooldown. Analysts remain bullish on XRP's long-term prospects due to factors like shrinking exchange supply and growing institutional momentum.
(Source：BeInCrypto)