XRPC ETF Hits Record $58.6M Trading Volume on Day One
XRPC ETF sees record $58.6M volume on launch day, surpassing all other 2025 ETF debuts including BSOL’s $57M.
- XRPC ETF logs $58.6M trading volume on first day.
- Beats BSOL’s $57M, now second in 2025 ETF launches.
- Market signals strong demand for crypto-backed ETFs.
In a significant milestone for the crypto ETF space, Canary Capital’s XRPC ETF made headlines by recording $58.6 million in trading volume on its first day. This achievement marks the largest day-one volume for any ETF launched in 2025 so far, as reported by Bloomberg’s James Seyffart.
The XRPC ETF edged past the previous leader, BSOL, which had debuted with $57 million in trading volume earlier this year. The rapid uptake of XRPC signals growing investor interest in blockchain-based exchange-traded funds and may reflect heightened confidence in the crypto markets as regulatory clarity improves.
How XRPC Surpassed Expectations
XRPC’s impressive launch is the result of strong anticipation around its release. Backed by Canary Capital, a firm with a solid track record in digital asset management, the ETF is designed to track assets related to Ripple’s XRP ecosystem, though it does not directly invest in XRP itself.
The successful debut shows that investors are looking beyond Bitcoin and Ethereum-centric products and are exploring broader exposure within the crypto asset class.
What It Means for the Crypto ETF Landscape
The success of XRPC on its opening day could influence how new ETFs are structured and marketed. It sets a new bar for 2025 and may prompt other issuers to fast-track their offerings.
Moreover, the increasing interest in diverse ETFs such as XRPC indicates that the crypto investment landscape is maturing, with institutions and retail investors both seeking exposure to innovative financial instruments tied to blockchain projects.
