{"id":113174,"date":"2025-11-14T13:30:29","date_gmt":"2025-11-14T13:30:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=113174"},"modified":"2025-11-14T13:30:29","modified_gmt":"2025-11-14T13:30:29","slug":"xrp-etf-launches-in-the-us-with-58m-volume-hype-or-heavyweight","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=113174","title":{"rendered":"XRP ETF Launches In The US With $58M Volume: Hype Or Heavyweight?"},"content":{"rendered":"

Canary Capital launched the first US ETF that provides direct exposure to XRP. The fund will start trading today on Nasdaq under the ticker XRPC.<\/p>\n

Pretty wild to think that it saw a $58M trading volume right at the start. That is more than any other ETF launched <\/a>this year (approximately 900 funds), according to Bloomberg\u2019s ETF analyst Eric Balchunas. It even beat out Bitwise\u2019s Solana ETF by a hair.<\/p>\n

These two crypto ETFs are way ahead of the rest, with the third-best launch trailing by more than $20M, showing that investors\u2019 demand for crypto-linked products is still going strong.<\/p>\n

\u201cXRP is one of the most established and widely used digital assets in the world, accessibility to XRP through an ETF will enable the next wave of adoption and growth in a critical blockchain system,\u201d said Steven McClurg, CEO of Canary Capital.<\/p>\n

Congrats to $XRPC<\/a> for $58m in Day One volume, the most of any ETF launched this year (out of 900), BARELY edging out $BSOL<\/a>‘s $57m. The two of them are in league of own tho as 3rd place is over $20m away. pic.twitter.com\/MjsOeceeNb<\/a><\/p>\n

\u2014 Eric Balchunas (@EricBalchunas) November 13, 2025<\/a><\/p>\n\n

Investors are hungry and want to get in on the action. However, they also want to minimise the risks that come with crypto. They want ways to gain crypto exposure without directly holding the tokens.\u00a0XRPC gives them that option.<\/p>\n

On the other hand, whether this momentum lasts will depend on how the market speculates on XRP\u2019s long-term prospects as a global-payments enabler.<\/p>\n

Despite its popular demand, it had little to no effect on XRPs\u2019 price action.<\/p>\n

$XRP<\/a> really pulled the ultimate ‘gotcha’ this week.
All that ETF hype had us ready for liftoff\u2026
and price just FALL !!!
My disappointment? A dramatic 9.3\/10-
I’m not crying, but don’t ask me to smile either
Count with me 1..2..3..4..5.. now that we’ve had few seconds to\u2026 pic.twitter.com\/F7rYc9B8gv<\/a><\/p>\n

\u2014 CryptoCupcake (@Tishiepooh) November 14, 2025<\/a><\/p>\n\n

EXPLORE:\u00a0Top Solana Meme Coins to Buy in 2025<\/a><\/strong><\/p>\n

XRP Drops By 7% Amid ETF Launch: Is $5 Possible?<\/strong><\/h2>\n

Just as the US spot <\/p>\n

\t<\/span><\/p>\n

\t\t
\n\t\t
\n\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tXRP<\/span>
\n\t\t\t\t\tXRP<\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t\t$2.27<\/span>
\n\t\t\t\t\t<\/span>
\n\t\t\t\t\t
\n\t\t\t\t\t\t7.45%<\/span>
\n\t\t\t\t\t<\/span><\/p>\n

\t\t\t\t
\n\t\t\t
\n\t\t<\/p>\n

\t\t
\n\t\t
\n\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t<\/span><\/span><\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\tXRP<\/span>
\n\t\t\t\t\tXRP<\/span>
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\tPrice<\/span>
\n\t\t\t\t\t
\n\t\t\t\t\t\t$2.27<\/span>
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t7.45% \/24h<\/span>
\n\t\t\t\t\t\t<\/span>
\n\t\t\t\t\t<\/span>
\n\t\t\t\t<\/span>
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\tVolume in 24h<\/span><\/span><\/span><\/p>\n

\t\t\t\t\t
\n\t\t\t\t\t$7.35B<\/span>
\n\t\t\t\t\t<!–
\n\t\t\t\t\t\t?<\/span>
\n\t\t\t\t\t<\/span> –>
\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\tPrice 7d<\/span>
\n\t\t\t\t\t<\/span><\/span><\/p>\n

\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t<\/p>\n

\t\t\t<\/p>\n

\t\t
\n\t<\/p>\n

\t ETF launched, XRP tumbled by 7.3%, breaking below the key support at $2.03, marking it as one of the more volatile trading sessions of the week.<\/p>\n

XRP swung across $0.23 range, and nearly 158 M tokens changed hands, which is about 50% more than usual.<\/p>\n

\n
\n
\n
\n
<\/div>\n
<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n<\/div>\n
\n
Market Cap<\/div>\n
<\/div>\n<\/div>\n<\/div>\n
\n
\n\t\t\t\t