XRPC Debuts on Nasdaq With $58M Day-One Volume and $250M Inflows

Published at 2025-11-14 14:38:02

Canary Capital’s spot XRP ETF, XRPC, launched on Nasdaq Friday and recorded roughly $58 million in day-one trading alongside about $250 million in inflows. The fund holds physical XRP and tracks the CF XRP-USD Index, positioning it as a significant new vehicle for institutional and retail exposure to XRP and increasing custody demand for the token.

Despite the strong debut, XRP’s market price dropped about 7.3% to $2, indicating that early ETF flows did not immediately lift the spot market. That divergence suggests short-term profit-taking, broader crypto weakness, or distribution by large holders; the bigger question now is whether XRPC can sustain momentum and translate continued inflows into tighter liquidity and upward price pressure over coming weeks.

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