Home » Markets » Canary XRP ETF sees $26M volume in 30 minutes, poised for record day one
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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.
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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.
