Etf
The Canary XRP ETF (XRPC) launched with inflows and trading volume that outpaced several major crypto ETFs, including Solana and some Bitcoin products. However, XRP’s spot price fell sharply after the announcement, undercutting the initial market enthusiasm.
XRP is regaining attention as Wall Street chatter about potential ETF filings surfaces ahead of November, with the token quietly climbing. Traders and institutions are watching closely because formal ETF submissions could change liquidity and regulatory focus.
Spot XRP ETF begins trading on Nasdaq today while Binance reports rising net inflows, a combination that could boost demand. Thursday's session may determine whether XRP stages a sustained breakout or falls into a short-lived bull trap.
Ripple Labs warned users about a surge in AI-driven impersonation scams and fake giveaways timed with news that the first spot XRP ETF is likely to launch. The company urged vigilance as attackers exploit the heightened attention around ETF announcements.
XRP and DOGE ETFs launched with impressive combined trading volume of $54.7M, driven by streamlined SEC approval and rising investor interest in altcoin products. XRPR set a record for highest ETF debut volume this year with $37.7M, while DOJE ranked among top five ETF debuts.