Canary XRP ETF Begins Trading on Nasdaq as First Physically-Backed U.S. Product
The Canary XRP ETF started trading on Nasdaq on November 13, becoming the first physically-backed XRP exchange-traded fund available to U.S. investors. The product could attract $5 billion to $10 billion in institutional inflows, according to Canary Capital CEO Steven McClurg. XRP traded at $2.35 with 24-hour volume up 43.73% at launch.