Canary XRP ETF (XRPC) Posts $58.5M First-Day Volume, Outpaces BSOL

Published at 2025-11-14 00:19:44

The Canary XRP ETF (XRPC) made a strong market entry, logging $58.5 million in trading volume and about $245 million in net asset inflows on its first day of trading, which coincided with the reopening of the U.S. government. Early data shows XRPC’s debut volume outpaced rival BSOL, signaling notable demand for another spot XRP product in the evolving ETF landscape.

The size of the initial flows matters because it highlights continued investor appetite for spot XRP exposure and adds competitive pressure among issuers seeking market share. While early inflows and volume are encouraging for Canary and could support short-term liquidity for XRP, market participants should view this as an opening snapshot—future performance will depend on sustained flows, fee structures and broader crypto market conditions.

Share on:

Related news

Ripple Overhauls Payments Platform to Bridge Banks and Digital Assets

Ripple announced a major revamp of its Ripple Payments platform to become a unified business service that bridges traditional finance and digital assets, building on capabilities from its Palisade and Rail acquisitions. The move signals a push to win more bank adoption for XRP-linked payments.

Published at 2026-03-03 16:00:31
Ripple Finalizes 700M XRP Escrow Lock for March

Ripple completed its March escrow operation on March 3, re-locking 700 million XRP to manage circulating supply. The monthly action reinforces the company’s ongoing supply-management program and maintains predictable issuance.

Published at 2026-03-03 14:45:18
Ripple Executes Record RLUSD Mint

Ripple executed the largest single issuance to date of its RLUSD stablecoin on March 2, 2026, expanding the token's circulating supply. The move could deepen liquidity across Ripple's payments and DeFi corridors and may influence XRP dynamics.

Published at 2026-03-02 21:31:42
Strategy Inc.'s Bitcoin Holdings Top 720,000 BTC

Strategy Inc. has raised its Bitcoin reserves above 720,000 BTC, marking a significant institutional accumulation that gives the firm meaningful market clout and liquidity implications.

Ripple Unlocks 1B XRP, Still Holds 32% of Total Supply

Ripple released 1 billion XRP from escrow in three transactions worth $1.377 billion, according to Whale Alert. The company still controls roughly 32% of the total supply, a factor traders say could add sell pressure.

Published at 2026-03-01 15:30:10