Canary Capital's XRP ETF Tops 2025 Launches with $250M Inflows
Canary Capital's XRP exchange-traded fund drew $250 million on debut and recorded unusually high volume, outperforming every one of the 900 ETFs launched so far in 2025. The strong initial demand marks a notable milestone for XRP-focused products and highlights investor appetite for tokenized exposure via regulated ETF wrappers.
The launch has prompted a bullish rotation among some of the industry's largest traders, who are positioning for potential upward pressure on XRP's price as liquidity and price discovery improve. The event could attract further institutional flows and intensify competition in the ETF space, though markets remain sensitive to broader crypto sentiment and macro conditions. For traders and allocators, the debut underscores how a single successful product can reshape attention and capital allocation within the sector.