Canary XRP ETF Off to Hot Start, Has 'Good Shot' of Breaking Record

Published at 2025-11-13 19:59:56

The newly launched Canary XRP ETF raced past early projections, beating estimates in just 30 minutes and positioning itself as the year's hottest ETF start. Market observers flagged heavy initial demand and brisk order flow on the opening trade, a sign that investor appetite for XRP products remains elevated after months of product-by-product launches in the crypto ETF space.

Analysts told reporters the fund has a "good shot" of setting a record if those inflows sustain beyond the first session, an outcome that could lift XRP liquidity and price discovery in secondary markets. Traders and fund managers will be watching daily flows, redemption patterns and price impact closely — a strong, sustained debut would reinforce interest in token-based ETFs and influence how other issuers time future launches.

Share on:

Related news

Vanguard Shift Sends XRP & Solana Soaring

Vanguard's new crypto price-tracking ETFs drew heavy demand on day one, lifting XRP and Solana sharply. Traders cited increased access and fresh liquidity as the main catalysts.

Published at 2025-12-03 20:00:14
BlackRock Sells $135M in Ethereum Despite 24‑Hour Market Rebound

BlackRock has offloaded roughly $135 million worth of Ethereum even as the broader crypto market posted a sharp rebound over the past 24 hours. The move underscores continued institutional selling pressure amid a tentative rally.

Revolut Adds Solana Support, Unlocking Access for 65M Users

Revolut has added full Solana network support, enabling SOL transfers and withdrawals for its roughly 65 million users after previously allowing only in-app trading.

Published at 2025-12-03 18:45:13
Polymarket Relaunches in U.S. After CFTC Approval

Polymarket announced its U.S. return after the Commodity Futures Trading Commission approved it to operate as an exchange, marking a major regulatory milestone for prediction markets. The relaunch comes amid rising user interest and participation in event-based trading.

Published at 2025-12-03 17:15:09
Dogecoin Activity Surges 10,187%, Ending Five-Day Slide

Dogecoin activity jumped 10,187%, snapping a five-day losing streak and producing a sharp rebound in Tuesday’s session. The move signals renewed retail interest and heightened volatility for the memecoin.

Published at 2025-12-03 15:30:31