XRP ETF Sets Record Volume on Its First Day in the Market

XRP (XRPC), the first spot ETF focused on it, launched by Canary Capital, captured 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 attracted significant interest from investors.

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

The first day performance shows that XRPC ETF traded about $20 million more than another ETF that ranks third in volume. This indicates a strong investor interest particularly focused on digital assets like XRP and Solana. This development, which supports the increasing institutional interest in the XRP ecosystem, has caught the attention of institutional investors looking to diversify beyond Bitcoin and Ethereum.

Although no significant movement was observed in the XRP price initially, the high-volume performance on the first day demonstrates the demand for access to altcoins through regulated products. This situation underscores the importance for XRP investors and market analysts to closely monitor developments regarding the XRPC ETF in the coming periods.