First Spot XRP ETF Opens for Trade: Canary Capital's XRPC
Canary Capital's XRPC, the first ETF to provide direct spot exposure to XRP, began trading on Nov. 13, 2025 under the ticker XRPC. The listing adds XRP to a growing lineup of spot crypto ETFs that previously centered on bitcoin, ether and solana, allowing retail and institutional investors to obtain XRP exposure within traditional brokerage accounts without holding tokens on exchanges.
The launch is a notable expansion of the crypto ETF market and could improve liquidity and price discovery for XRP, while lowering barriers to entry for mainstream capital. That said, token-specific risks — volatility and evolving regulatory scrutiny — remain. Market watchers will track inflows and secondary-market behavior to gauge broader demand for spot exposure beyond the largest digital assets.