Canary Capital launched the XRPC Exchange-Traded Fund on Nasdaq on November 13, 2025, drawing $245 million in net inflows and $58.5 million in trading volume on its first day. The fund provides spot exposure to XRP through compliant cold storage custody managed by Gemini and BitGo. XRPC operates under the Investment Company Act of 1940 and tracks the CoinDesk XRP Price Index.

The Canary XRP ETF (XRPC) recorded approximately $245 million in net inflows and over $58.5 million in trading volume during its first session on November 13. The launch surpassed Bitwise's Solana fund (BSOL) to become the year's largest ETF debut by inflows. Analyst Eric Balchunas noted that XRPC traded $26 million within its first 30 minutes, exceeding his $17 million projection.

Canary Capital's XRP exchange-traded fund (XRPC) attracted $245 million in net inflows and generated $58.5 million in trading volume during its debut session. The fund provides institutional and retail investors with regulated access to XRP through traditional market infrastructure.

Ethereum addresses aged three to ten years are distributing approximately 45,000 ETH daily, matching the fastest selling pace since 2021. The accelerated distribution began in August and intensified following the October 11 liquidation event. ETH declined to $3,152.17 as open interest contracted to $17 billion amid declining sentiment.

The Depository Trust and Clearing Corporation has listed five spot XRP exchange-traded funds in its system, including products from Bitwise, Franklin Templeton, 21Shares, Canary, and CoinShares. The funds appear under the "active and pre-launch" category, signaling possible market debuts later this month pending Securities and Exchange Commission approval. Industry observers suggest the SEC's generic listing standards may enable automatic operationalization by mid-to-late November.

Canary Capital's XRPC exchange-traded fund achieved $58 million in trading volume on its debut Thursday, marking the strongest opening among all ETFs launched in 2025. The fund narrowly surpassed Bitwise's Solana ETF, which recorded $57 million on its first day. Both products now lead the year's ETF class by more than $20 million over the third-ranked fund.

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.

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.