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Alex Dovbnya

Canary Capital XRP ETF Logs $58M First-Day Trading Volume

Canary Capital's spot XRP exchange-traded fund recorded $58 million in trading volume on its first day, the highest ETF debut in 2025. The product, trading under ticker XRPC, provides U.S. investors with direct exposure to XRP without holding the tokens. XRP fell 8% to $2.30 in the 24 hours after the launch.