Canary XRP ETF sees $26M volume in 30 minutes, poised for record day one
Institutional investors drive mainstream adoption as XRP ETFs gain traction and solidify ties between digital assets and traditional finance.
Key Takeaways
- Canary Capital’s XRP ETF, XRPC, opened with $26 million in early trading.
- This positions XRPC to potentially break debut day trading records.
Share this article
XRPC, a spot exchange-traded fund focused on XRP that launched earlier today on Nasdaq by Canary Capital, recorded $26 million in trading volume within its first 30 minutes, positioning it for a potentially record-breaking debut day.
The ETF’s strong opening reflects rising institutional momentum around XRP-related products. Community commentators have highlighted how XRP ETFs could enhance the digital asset’s market positioning following regulatory approvals.
BSOL, another crypto-linked ETF, previously demonstrated strong initial trading performance, suggesting investor appetite for digital asset exposure through traditional exchange-traded products.
