Canary Capital's Spot XRP ETF Records $46 Million in Volume by Midday on Trading Debut

Canary Capital's spot XRP exchange-traded fund began trading on Nasdaq Thursday, recording approximately $46 million in volume by midday. The XRPC ETF surpassed initial analyst projections and positioned itself among the strongest ETF launches in 2025. The product received approval Wednesday afternoon following completion of its 8-A filing with the Securities and Exchange Commission.