Canary XRP ETF sees $26M volume in 30 minutes, poised for record day one
Key Takeaways
- Canary Capital’s XRP ETF, XRPC, opened with $26 million in early trading.
- This positions XRPC to potentially break debut day trading records.
XRPC, a spot exchange-traded fund focused on XRP that launched earlier today on Nasdaq by Canary Capital, recorded $26 million in trading volume within its first 30 minutes, positioning it for a potentially record-breaking debut day.
The ETF’s strong opening reflects rising institutional momentum around XRP-related products. Community commentators have highlighted how XRP ETFs could enhance the digital asset’s market positioning following regulatory approvals.
BSOL, another crypto-linked ETF, previously demonstrated strong initial trading performance, suggesting investor appetite for digital asset exposure through traditional exchange-traded products.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Today: XRP Derivatives Surge Amidst Bearish Indicators—A Pivotal Turning Point
- XRP fell to $2.43 amid bearish crypto sentiment but saw $4.11B derivatives inflows, driven by retail demand and a $2.58 weekly high. - Technical indicators show mixed signals: price below key EMAs and RSI at 48, yet MACD maintains a bullish stance since Monday. - XRP remains trapped in a $2.35–$2.55 range with critical support at $2.30; whale activity highlights tactical positioning over long-term conviction. - Bitcoin's consolidation above $105K and 72% sell-side volume pressure underscore XRP's cross-a
Investors Rethink Risk as Cryptocurrencies and Equities Take Separate Paths During Economic Instability
- Crypto and stock markets diverge as PEPE drops 9% while Noomez ($NNZ) gains, reflecting shifting risk appetite amid economic uncertainty. - PepsiCo (PEP) underperforms peers with 4.2% monthly decline, while NET Power (NPWR) plummets 10.51% after 3,900% worse-than-forecast Q3 losses. - Paysafe (PSFE) stabilizes at $2.72B valuation despite 27.56% YTD slump, contrasting PayPal's 28% decline and highlighting sector resilience. - Legal pressures intensify with WPP and Jasper Therapeutics facing lawsuits, whil
Bitcoin Updates: Wall Street Connections Heighten Crypto Risks as Bitcoin Reaches Lowest Point in Six Months
- Bitcoin hit a six-month low at $103,778 amid AI-driven economic fears and geopolitical tensions, driven by leveraged liquidations and risk-off sentiment. - Institutional support for Bitcoin ETFs remains strong, with $130B in assets despite $2.9B in outflows, as BlackRock's IBIT ($80.58B) attracts inflows. - Trump's $2,000 tariff proposal briefly boosted Bitcoin 2% but intensified trade tensions, highlighting crypto's sensitivity to macroeconomic policy shifts. - Technical indicators show sustained bearis
Ethereum Updates Today: Institutions Accumulate While Long-Term Investors Exit, Intensifying the Crisis of Confidence in Crypto
- Institutions like BitMine continue buying Ethereum despite market declines, accumulating 19,500 ETH this month. - Long-term holders sell at breakeven while super-whales add $53.9M ETH, highlighting fragmented market sentiment. - Bitcoin/ETH ETFs see $1.13B outflows as prices fall below $100k and $3,150, with $1.1B in leveraged liquidations. - Market remains bearish with weak retail demand, but large buyers and Ethereum's Fusaka upgrade could drive volatility shifts.
