Canary Funds XRPC Records $58.5 Million in First Day of Trading Volume; Higher than BSOL
The Canary XRP ETF (XRPC) launched with remarkable success, recording $58.5 million in first-day trading volume and $245 million in net inflows, surpassing 900 other ETFs introduced in 2025, including the Bitwise BSOL ETF. Its popularity stems from strong support from the XRP community, improved market conditions following SEC lawsuit resolution, and increased institutional adoption. Analysts anticipate significant growth-driven factors such as global money supply expansion and regulatory clarity, positioning XRP for a potential price surge in the near future.
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Canary XRP ETF's Record-Breaking Debut
The Canary XRP ETF (XRPC) recorded a net cash inflow of about $245 million, making it one of the most successful ETF launches of the year. On its first day, it achieved the largest trading volume of $58.5 million, surpassing 900 other spot ETFs launched in 2025. Remarkably, it outperformed Bitwise BSOL's $57 million first-day trading volume. This major debut coincided with the reopening of the United States government, signaling strong investor interest even amidst a low crypto liquidity environment.
Driving Forces Behind Canary XRP ETF's Popularity
The success of the Canary XRP ETF stems from improved market conditions for XRP and better regulatory clarity. Institutional investors now have a clearer and regulated path to invest in XRP. This newfound interest is heavily supported by the loyal XRP army, amplifying the demand for XRPC. As financial journalist Eleanor Terrett noted, “$XRPC surpassed $BSOL to become the biggest ETF launch of the year.”
Regulatory Milestones Supporting XRP’s Growth
Earlier this year, the United States SEC unanimously approved the closure of the lawsuit against Ripple, significantly reshaping the XRP market. This decision led to notable XRP listings and expanded real-world use cases, providing a clearer regulatory framework that encouraged institutional adoption.
Market Potential for XRP amid Global Economic Trends
The surging demand for the Canary XRP ETF aligns with anticipations of an altseason in 2025, driven by institutional interest and the global rise in money supply. Analysts predict a rally akin to the crypto summer of 2017, with $XRP being a key beneficiary. Market analyst Egrag Crypto emphasized this sentiment, suggesting that XRP is positioned for exponential growth, potentially reaching double-digit price levels. This optimistic outlook is fueled by the Federal Reserve's Quantitative Easing (QE) policies and a growing global money supply.