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.
XRP (XRP) price
Full chart and statsLoading chart…
- Price
- $1.33
- 24h change
- +2.3%
- Market cap
- $84.0B
- 24h volume
- $1.5B
- Circulating supply
- 63.4B XRP
CoinGecko data as of Oct 28, 2:28 AM EDT.
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.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
