Canary Capital’s XRP ETF records $58M in launch day volume, topping all 2025 launches

Canary Capital's spot XRP ETF has made a significant impact in the cryptocurrency market, recording $58 million in trading volume on its launch day, November 13, 2025. This debut not only topped all ETF launches for the year but also exceeded expert expectations, reflecting robust institutional demand. Analysts suggest that this strong performance could set a precedent for future ETFs in the sector. The ETF's success aligns with broader trends in cryptocurrency investments, as institutional interest continues to grow, indicating a potential shift in market dynamics.