Canary Capital's XRPC Spot XRP ETF Surprises Traders in Nasdaq Debut

Published at 2025-11-14 13:03:01

Canary Capital’s spot XRP ETF, listed as XRPC, made a stronger-than-expected debut on Nasdaq on Thursday, November 13, surprising traders who had anticipated a more muted open. Market participants noted elevated attention around the ticker as the product began trading, underscoring demand for regulated, spot exposure to XRP after years of regulatory uncertainty.

The launch matters because it broadens the roster of spot crypto ETFs and may make XRP more accessible to institutional and retail investors via traditional brokerage channels. While short-term price and volume reactions will dictate immediate market impact, the debut is a notable step for XRP adoption and for the broader trend of spot crypto ETFs gaining mainstream distribution. Watch flows and order books in the coming sessions for clearer signals on lasting demand.

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