Canary XRP ETF attracts $245 million in net inflows on first trading day
Crypto Briefing
Canary Capital's spot XRP ETF saw $245 million in net inflows on its Nasdaq debut.Summary
Canary Capital launched the first US spot XRP ETF, XRPC, on the Nasdaq on November 13, attracting nearly $245 million in net inflows on its first trading day. This fund allows mainstream investors to gain direct exposure to XRP through regulated brokerage accounts. Because the ETF structure mandates that custodians hold physical XRP to back shares, the launch is creating institutional demand for the underlying asset. Currently, the XRPC fund manages almost 109 million XRP, valued at over $250 million.
(Source：Crypto Briefing)