Canary XRP ETF Posts $26M Volume in First 30 Minutes

Published at 2025-11-13 23:26:59

The Canary XRP ETF opened Thursday with roughly $26 million in volume in its first 30 minutes, surprising some observers who expected a more muted debut. Early activity suggests notable interest from traders and possibly institutional participants looking for regulated exposure to XRP. The initial burst pushed liquidity into XRP-linked products and prompted heightened attention across crypto trading desks.

Why it matters: a robust opening can help normalize ETF-based access to XRP, potentially broadening investor participation and affecting short-term price dynamics. That said, one session’s early volume is only a first indicator — sustained inflows, daily NAV updates and broader market conditions will determine whether the Canary ETF becomes a significant distribution channel for XRP exposure over the coming weeks.

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