Canary Capital's XRPC Posts $58M Launch-Day Volume, Tops 2025 ETF Debuts

Published at 2025-11-14 07:09:35

Canary Capital's spot XRP ETF, trading under the ticker XRPC, debuted on Nasdaq on Nov. 13 and recorded about $58 million in first-day volume, making it the highest-volume ETF launch so far in 2025. The lively first session outpaced other launches this year and gave investors a regulated on-ramp to XRP without requiring direct token custody.

The robust reception underscores continued demand for spot crypto ETFs beyond Bitcoin and Ether and may spur competing issuers to accelerate token-specific products. Higher launch liquidity can tighten spreads and improve price discovery for XRP while the Nasdaq listing adds visibility; nevertheless, sustained impact will hinge on broader market conditions and evolving regulatory clarity around XRP. Canary Capital's performance sets an early benchmark for late-2025 ETF competition.

Share on:

Related news

Binance Seeks Five More APAC Licenses in Major Asia Push

Binance plans to secure five additional operational licenses across the Asia-Pacific by the end of 2026, intensifying its regional expansion and regulatory engagement. The move follows the exchange's broader strategy to normalize local operations and grow product access.

Published at 2026-03-04 08:00:10
AI Agents Prefer Bitcoin in Nearly Half of Responses, Stablecoins Lead for Payments

A Bitcoin Policy Institute study of 36 AI models published March 3, 2026 found Bitcoin was the top monetary choice in 48% of responses, while payment-specific prompts saw over half of models favor stablecoins.

Published at 2026-03-04 04:00:46
Trump Urges Banks to Back GENIUS Act, Calls Weakening 'Unacceptable'

Donald Trump urged banking groups on March 3 to “strike a favorable deal” with the crypto industry and warned any effort to weaken the GENIUS Act is “unacceptable.” His intervention raises political pressure as lawmakers negotiate the stalled bill.

Published at 2026-03-04 01:30:55
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