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XRP News Today: Unprecedented Volume in XRP ETF Points to Growing Institutional Interest in Altcoin

XRP News Today: Unprecedented Volume in XRP ETF Points to Growing Institutional Interest in Altcoin

Bitget-RWA2025/11/14 10:40
By:Bitget-RWA

- Canary Capital's XRP ETF (XRPC) launched on Nasdaq with $58M in first-day volume, surpassing Bitwise's Solana ETF benchmark. - Despite a 7.8% XRP price drop, the ETF attracted $245M inflows, reflecting strong institutional and retail demand. - Analysts noted XRPC's resilience amid a 3.5% crypto market decline, though price pressures persisted from broader sell-offs. - Eleven XRP ETFs now listed on DTCC, with SEC guidance accelerating approvals, though Bitcoin/ETH ETFs remain significantly larger.

Canary Capital's

ETF (XRPC) made its debut on Nasdaq on November 13, 2025, achieving an unprecedented $58 million in trading volume on its first day—surpassing the previous record set by Bitwise’s Solana staking ETF. Even as XRP’s price dropped 7.8% to $2.30, the launch highlighted increasing interest from both institutional and retail investors, with inflows totaling $245 million. Bloomberg Senior ETF Analyst Eric Balchunas called the performance “a rare positive on an otherwise down day,” emphasizing XRP’s strength as the overall crypto market cap fell 3.5% to $3.43 trillion.

The ETF’s strong start was driven by a mix of retail excitement and institutional endorsement.

XRP News Today: Unprecedented Volume in XRP ETF Points to Growing Institutional Interest in Altcoin image 0
The “XRP Army,” a passionate group of retail traders, contributed to the rapid inflows, while the ETF’s regulated format made it easier for institutions to participate. that XRPC’s opening day volume exceeded forecasts by 230%, with $26 million traded in just the first half hour. However, some of this activity was attributed to market makers adjusting supply, according to , who suggested that ongoing inflows would better reflect lasting institutional interest.

Meanwhile, downward price pressure mirrored wider market trends. XRP’s fall coincided with a 4% slide in the broader crypto sector, as leveraged positions were liquidated and technical supports like the 50-day EMA at $2.38 were breached.

the decline to profit-taking and a shift to risk aversion, though XRP’s 230.7% year-to-date increase pointed to underlying momentum. projected a possible rally, referencing historical trends and the expectation of $4–$8 billion in institutional inflows from future XRP ETF approvals.

The ETF’s introduction also revived discussions about Ripple’s involvement. While some speculated about links between Canary’s

and XRP released from Ripple’s escrow, there was no supporting evidence. Ripple’s monthly release of 1 billion XRP from escrow showed no unusual activity around the ETF’s launch. This transparency, along with the ETF’s compliance with the 1933 Act, set it apart from earlier products like REX-Osprey’s XRP ETF, which was governed by the 1940 Act.

Looking forward, the XRP ETF market is poised for growth. Eleven XRP ETFs are now listed with the Depository Trust & Clearing Corporation (DTCC), with applications from major players such as Bitwise, Franklin Templeton, and CoinShares.

on crypto ETPs has sped up the approval process, though experts point out that and ETFs still far exceed XRPC’s initial numbers. For instance, saw $4.1 billion in first-day trading, compared to XRPC’s $58 million.

Despite these differences, XRPC’s launch confirmed XRP’s distinctive role in the market. Unlike Bitcoin’s “unprecedented” ETF debut, XRPC entered a more established ETF environment with lower expectations, making its record particularly significant for altcoin adoption.

estimated XRPC could surpass $34 million in total volume on its first day, while the ETF’s potential to outperform Ethereum’s July 2024 launch.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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