XRPC posts biggest first-day volume of 2025 with $58M
Canarary Capital’s XRPC spot ETF recorded $58 million in first-day trading volume, making it the biggest ETF debut of 2025 by that metric, Bloomberg analyst Eric Balchunas reported. The listing attracted immediate liquidity and attention after launch, with investors treating the product as a direct vehicle for XRP exposure.
The strong opening matters because it signals persistent demand for regulated, spot crypto ETFs beyond Bitcoin and Ethereum products. A high first-day volume can boost secondary-market liquidity and gives market participants a benchmark for future XRP-focused products, while also reflecting broader ETF-driven flows into the crypto space. Observers will watch whether XRPC sustains volume and how XRP markets respond in the coming sessions.