Canary's XRPC ETF Raises $245M Day One — Institutional XRP Arrives
Canary's XRPC ETF pulled in about $245 million in net inflows on day one, marking a standout institutional debut for XRP on Nov. 14, 2025. The speed and scale of the inflows point to meaningful demand from asset managers and allocators seeking regulated, ETF-based access to XRP, and they arrive amid a broader trend of crypto products attracting traditional capital. The launch matters because ETFs channel institutional custody, reporting, and liquidity into a market often dominated by retail flows. Strong early demand could tighten spreads, improve price discovery, and encourage other issuers and custodians to offer XRP-focused products — though the long-term impact will depend on sustained flows and the evolving regulatory backdrop. For traders and institutional observers, XRPC’s debut is a clear signal that XRP is stepping into a more mainstream capital-markets environment.