US EditionXRP Beats Bitcoin as Ripple-Linked Token's ETF to Go Live at U.S. Market Open
Canary Capital's XRPC ETF launch on Nasdaq triggered a 31% volume surge and institutional accumulation, marking a key expansion beyond Bitcoin and Ethereum spot crypto funds.
- Nasdaq's certification at 5:30 PM ET cleared XRPC, Canary Capital's spot XRP ETF, to begin trading at the U.S. market open on Thursday.
- The SEC's 8 automatic-effectiveness process accelerated approval for the first U.S. exchange-listed XRP fund, and industry analysts view XRPC as the first major expansion beyond Bitcoin and Ethereum.
- Volume bursts and new-wallet creation show broad positioning ahead of the ETF open, with XRP clearing a $2.45 ceiling on 163M tokens traded, 30.81% above the seven-day average.
- Holding above $2.40 preserves the bullish bias into Thursday's ETF open, but a breakdown below $2.38 weakens structure and opens downside toward $2.33–$2.27 amid mixed whale selling of roughly 90 million tokens.
- Custody via Gemini Trust Company, BitGo Trust Company, and CoinDesk XRP CCIXber benchmark give the ETF institutional infrastructure, while an ascending channel targets $2.63–$2.72 with $2.59 and $2.70 extensions if $2.52 breaks on volume.
37 Articles
37 Articles
XRP rises as first U.S. spot XRP ETF launches on the Nasdaq: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin and ether fall while XRP rises as the first spot XRP ETF in the U.S. starts trading on the Nasdaq. Plus, Grayscale files to list on the New York Stock Exchange. And, Roshan Robert of OKX discusses the company's U.S. expansion strategy.
These 3 ETFs Could Help You Retire a Millionaire
Quick Read The median retirement savings for Americans ages 65 to 74 was $200,000 as of 2022. VTI tracks the total stock market while VOO focuses only on the roughly 500 largest companies. SCHX provides exposure to 750 large-cap U.S. companies with relatively low expense ratios. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been…
Canary XRP ETF Set for Nasdaq Launch as Shutdown Ends
The Canary XRP exchange-traded fund (ETF) is officially set to debut on Nasdaq on Thursday, marking the launch of the first pure spot XRP exchange-traded fund in the United States. The fund, listed under the ticker XRPC, received regulatory and Nasdaq certification late Wednesday, allowing trading to begin at Thursday’s market open. Other asset managers — including Franklin Templeton, Bitwise, ProShares, and CoinShares — have updated filings an…
Ripple CEO Brad Garlinghouse Welcomes XRP ETF Launch, Says THIS
The post Ripple CEO Brad Garlinghouse Welcomes XRP ETF Launch, Says THIS appeared on BitcoinEthereumNews.com. The post Ripple CEO Brad Garlinghouse Welcomes XRP ETF Launch, Says THIS appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse marked the long-awaited debut of the first U.S. spot XRP ETF with an enthusiastic post on X, writing, “It’s (finally!) happening.” The launch by Canary Capital officially opened XRP to U.S. invest…
XRP ETF matches Solana’s record with $59m first-day trading volume
The Canary XRP ETF delivered a blockbuster first-day performance on 13 November, trading $59 million in volume and matching the year's best crypto ETF debut. Moving 2.26 million shares with 11% intraday volatility, XRPC demonstrated institutional appetite.
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
