The Canary XRP ETF (XRPC) has made a significant entrance into the market, achieving a remarkable trading volume of $58.5 million on its first day. This event coincided with the reopening of the United States government, marking a pivotal moment for the ETF landscape. The XRPC has not only surpassed its competitors but also led the way among over 900 other spot ETFs launched in 2025.
In addition to its impressive trading volume, the Canary XRP ETF saw net cash inflows totaling approximately $245 million. This robust demand indicates a strong interest from investors, especially in a period marked by low liquidity in the cryptocurrency market.
What sets the Canary XRP ETF apart is its ability to attract the support of the XRP community, often referred to as the “XRP army.” After years of uncertainty, institutional investors can now engage with XRP under a regulated framework, enhancing confidence in the asset.
The successful debut of the XRPC is particularly noteworthy in light of recent developments surrounding XRP. Earlier this year, the U.S. Securities and Exchange Commission (SEC) closed a lawsuit against Ripple, which has contributed to improved market conditions and regulatory clarity for XRP. Consequently, XRP has seen an increase in listings and practical applications in various sectors.
Market analysts are optimistic about the future of XRP, with predictions of substantial price rallies resembling the crypto market surge of 2017. According to a popular analyst known as Egrag Crypto, XRP is poised for a significant price increase, potentially reaching double digits.
The anticipation of an altseason in 2025, driven by institutional adoption and an increase in global money supply, further fuels interest in the Canary XRP ETF. The performance of XRPC highlights the growing appetite for cryptocurrency investment products, especially amid a recovering market.
Overall, the Canary XRP ETF”s debut not only reflects the resilience of the cryptocurrency market but also signals a shift towards more mainstream acceptance and investment opportunities in digital assets.
