The Canary XRP ETF (XRPC) debuted trading today as the first US-listed fund to track the spot price of XRP, the native token of the XRP Ledger. The launch marks a major milestone for institutional access to the digital asset designed for fast and low-cost international payments.

Canary Capital’s spot XRP ETF received listing approval to trade on the Nasdaq exchange on Wednesday, providing investors with direct exposure to XRP’s current market price through traditional stock exchanges.

The ETF’s debut follows a period of regulatory clarity that enabled spot-based crypto investment vehicles to operate within established financial frameworks, representing another step in integrating digital assets into regulated US markets.