TimesTabloid
2025-11-13 17:31:13

First 30 Minutes of Canary Capital’s XRP ETF Stuns XRP Army

The Canary Capital spot XRP ETF (XRPC) began trading today and has stunned traders with remarkable performance in its first 30 minutes. He reported that the fund had already recorded over $916,000 in volume within half an hour of opening. It was a striking figure for a debut session. It also set the tone for what has quickly become one of the most talked-about ETF launches of the year. First 30 Minutes XRPC does over 916,000 in volume. Almost a million per hour, if it keeps consistent, we are looking at ~5,890,000 Million in Volume. https://t.co/m7IAP7FPjZ pic.twitter.com/Wge5DOFmk5 — Chad Steingraber (@ChadSteingraber) November 13, 2025 A Strong Opening for a Highly Anticipated ETF XRPC is trading on the Nasdaq exchange , representing the first U.S. spot ETF tied directly to XRP on that exchange. It offers investors regulated access to the asset without the operational challenges of managing wallets or private keys. The fund, which holds actual XRP, aims to track the value of the digital currency as closely as possible while providing a familiar vehicle for traditional market participants. Steingraber noted that if momentum continues at the current rate of almost $1 million per hour, “we are looking at ~5,890,000 million in volume.” Bloomberg’s senior analyst Eric Balchunas also contributed to the launch-day conversation, predicting a potential day-one trading volume of $17 million. His projection is a reference to how the market could gauge performance over the first full day of trading. The ETF’s first hour of trading showed active inflows and trading, with a price hovering around $26.71 per share. XRP has also benefited from this launch, currently trading at $2.42 after a 3.1% increase from yesterday. For Canary Capital, these numbers confirm investor demand for an XRP ETF , particularly after years of legal uncertainty surrounding the token. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Potential Impact of the New XRP ETF The launch of XRPC follows months of preparation and anticipation. As part of Canary Capital’s line of digital-asset products, the fund was designed to simplify access to XRP for investors using conventional brokerage accounts. If activity continues at this pace, XRPC could see accelerated trading volume and liquidity in the coming sessions. Having a live and regulated ETF product enhances XRP’s visibility. It could also help solidify its reputation within financial markets as an established digital asset rather than a speculative instrument. While it remains to be seen whether XRPC will meet or surpass Balchunas’ $17 million forecast, the early trading results have already positioned the fund as a standout debut, mirroring other highly successful XRP ETF launches . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post First 30 Minutes of Canary Capital’s XRP ETF Stuns XRP Army appeared first on Times Tabloid .

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