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Ripple News: Canary's XRP ETF Tops 2025 Debuts with $58M Day-One Volume

The Canary XRP ETF set a 2025 record with $58.5 million in first-day volume and over $250 million in assets under management, driven by strong retail and institutional demand.

  • On Thursday, Canary Capital's Canary XRP ETF launched on Nasdaq and set the highest first-day volume of any 2025 ETF with $58.5 million traded despite the crashing crypto market.
  • Institutional and retail demand helped propel the listing as growing interest in regulated altcoin exposure combined with September SEC approvals removing 19b-4 filings sped listings for Canary Capital.
  • Bloomberg data show XRPC generated $26 million in its opening 30 minutes, surpassing internal projections of roughly $17 million and narrowly edging Bitwise's BSOL.
  • With total AUM just above $250M after day one, XRPC immediately attracted sizable assets, reflecting strong demand and setting stage for Franklin Templeton, Bitwise, Grayscale, and WisdomTree to launch XRP products next week.
  • It remains to be seen whether the early volume trend will persist, as XRP, Ripple's native token, fell 8.5% over 24 hours amid more than 150 altcoin ETF filings tracking 35 assets.
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The debut of the new XRP ETFs generated great expectation, although it did not achieve the price spike that many operators anticipated. The volume on the first day was high, but XRP fell shortly after the launch, raising the question that dominated the discussion about its price prediction this week: was it a typical case of “overexpectancy after news”? If demand for ETFs is maintained, XRP could experience gradual growth, but for now the graphi…

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u.today broke the news in on Thursday, November 13, 2025.
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