XRP ETF Sees Record Volume on Its First Day

XRP (XRPC)-focused first spot ETF from Canary Capital has attracted attention by reaching a trading volume of $58 million on its first day of trading. This performance represents the strongest ETF opening of 2025 and has drawn significant interest from investors.

The XRPC ETF launched by Canary Capital made a significant impact in the market with a trading volume of $58 million on its first day. According to data shared by Bloomberg ETF analyst Eric Balchunas, XRPC surpassed the recently launched Solana (SOL) ETF BSOL in this volume. BSOL recorded a trading volume of $57 million on its first day.

The first-day performance indicates that the XRPC ETF traded about $20 million more than another ETF that ranked third in volume. This situation reveals that investor interest is particularly concentrated on digital assets like XRP and Solana. This development supports the growing institutional interest in the XRP ecosystem and has caught the attention of institutional investors looking for diversification beyond Bitcoin and Ethereum.

Although there was no significant movement observed in the XRP price initially, the high-volume first-day performance indicates that there is demand for accessing altcoins through regulated products. This situation emphasizes that XRP investors and market analysts should closely monitor developments regarding the XRPC ETF in the upcoming period.