Key Takeaways
- XRPC posts $58.6M day-one volume, the biggest ETF debut of 2025.
- $245M in inflows highlights accelerating institutional interest.
- XRP price dips 5.2%, tracking a wider market pullback.
- Long-term sentiment remains bullish heading into Q4 2025.
XRP ETF Tops 2025 Launches With $58M Day-One Volume as XRP Drops 5%
Canary Capital’s XRP exchange-traded fund (XRPC) has delivered the strongest ETF debut of 2025, recording over $58.6 million in first-day trading volume and attracting roughly $245 million in inflows. Yet despite the landmark launch—one of the most anticipated crypto ETF events of the year—XRP’s market price fell 5.2%, spotlighting a widening disconnect between institutional appetite and short-term price action.
XRPC Becomes the Highest-Volume ETF Launch of 2025
After more than a year of preparation, including SEC filings and the removal of a delaying amendment in late October, Canary Capital received the green light to list its XRP ETF on November 13. Trading started strong: $26 million in volume hit within the first 30 minutes, according to Bloomberg’s Eric Balchunas.
Also Read: XRP Investors, Take Note: This ETF Launch Could Spark Big Gains
By the close, XRPC not only surpassed expectations but also outperformed more than 900 ETF launches this year, narrowly edging out Bitwise’s Solana ETF (BSOL), which posted $57 million in day-one activity. Analysts say the successful debut highlights surging institutional demand for regulated XRP exposure.
Why Institutions Are Driving Demand
Market analysts suggest XRPC is designed primarily for institutions restricted from directly holding crypto, including pension funds, family offices, and hedge funds. For these investors, an ETF removes custody risks, compliance complexity, and exchange-related hurdles.
Some market watchers expect ETF-driven arbitrage and liquidity flows to lift XRP’s price over time.
“The XRP ETFs will fast become hot property,” noted analyst Vincent Van Code, suggesting early inefficiencies could drive temporary price accelerations.
XRP Price Drops Despite Bullish Momentum
While XRPC surged, XRP slipped to $2.30, tracking a broader 4% decline across the crypto market. The downturn places all top-ten assets in negative territory.
Also Read: XRP Price Ready to Explode? Bulls Eye $2.50 Breakout After Strong Rebound
Still, optimism for Q4 2025 remains strong. Shrinking exchange supply, heightened on-chain activity, and escalating institutional participation continue reinforcing a bullish long-term outlook for XRP—even if the day-one ETF excitement didn’t immediately lift spot prices.
ETF Success Sets the Stage for XRP’s Next Phase
Canary Capital’s XRP ETF debut marks a milestone for regulated crypto investing and signals deepening institutional confidence in Ripple as an asset class. Although the token’s price fell in the short term, the strong inflows and unprecedented launch performance point to a market preparing for broader adoption and potential upside ahead.
