XRP has surpassed Binance Coin to become the third-largest cryptocurrency following a renewed price rally supported by $13.6 million in fresh inflows into XRP ETFs. The move reshuffles the top ranks and highlights renewed ETF-driven demand for XRP.
U.S. spot XRP ETFs have drawn nearly $1 billion in inflows since the first product debuted on Nov. 13, posting the strongest altcoin ETF debut to date. The move offers Wall Street a clear test of regulated exposure to a utility token.
Canary Capital's new XRP ETF pulled in $245 million in early inflows, marking one of the stronger crypto-linked fund starts of 2025. Despite that demand, XRP trades at $2.26 after an 8.65% drop, indicating ETF interest has not yet pushed the spot market higher.
Canary Capital's new XRP ETF registered $250 million in debut inflows and record trading volume, outpacing all 900 ETF launches of 2025 and triggering a bullish rotation among top traders.
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.
Steven McClurg, CEO of Canary Capital, predicts an XRP ETF could drive greater inflows and trading volume than Solana once launched. He argues ETF accessibility will pull institutional and retail flows toward listed assets.
Solana ETFs have attracted about $350M in inflows over the past 11 days, strengthening the case for a potential SOL move toward $164. Continued institutional demand is propping up sentiment even as the broader market remains choppy.
Solana ETFs recorded 11 consecutive days of positive inflows as of Nov. 12, signaling rising institutional interest despite muted on-chain activity. Analysts say holding $150 and a break above $164 could open a move toward $187.
US spot Bitcoin ETFs attracted $524 million in inflows on Tuesday, marking their biggest single-day intake since early October. The move is being read as a sign of returning investor confidence in BTC exposure via regulated funds.