The XRP market just hit a historic milestone as the first U.S. spot XRP ETF, Canary Capital\u2019s XRPC, officially debuts on Nasdaq, sending bullish shockwaves for the XRP price and other assets in the market.<\/p>\n
The launch gives traditional investors direct exposure to XRP through regulated brokerage accounts, and analysts say this could be the spark that propels prices sharply higher in the coming weeks.<\/p>\n\n
Nasdaq has certified the Canary Capital XRP ETF<\/a> for trading under the ticker XRPC, making it the first fully spot-based XRP ETF in the U.S.<\/p>\n The fund holds XRP directly and tracks the XRP-USD CCIXber Reference Rate Index, offering a simple, regulated way for institutions and retail investors to gain exposure without managing wallets or private keys.<\/p>\n The ETF\u2019s approval comes after the fund completed its Form 8-A filing with the SEC, clearing key regulatory hurdles. Other heavyweights, Franklin Templeton, Bitwise, CoinShares, and 21Shares, also have XRP ETF applications in the pipeline, signaling a second wave of products that could further deepen liquidity and demand.<\/p>\n On-chain data already shows shifting behavior ahead of the launch. Exchange inflows are down, suggesting holders are accumulating rather than selling, even as XRP trades around the $2.39\u2013$2.50 zone and consolidates above support near $2.20\u2013$2.40.<\/p>\n Analysts See \u2018Face-Melting\u2019 XRP Price Rally as Technicals Coil<\/strong><\/p>\n