XRP Spot ETF Smashes Records with $250 Million Inflows and Day-One Trading Volume

The debut of the first U.S. spot XRP ETF has made headlines in the crypto world today. According to multiple industry sources, the ETF, issued by Canary Capital and trading under the ticker “XRPC”, attracted net inflows of approximately US $245-250 million on its first day of trading, setting a new benchmark for crypto ETF launches in 2025.

Alongside the inflows, the ETF posted a first-day trading volume of about US $58 million, outpacing all other crypto ETF launches this year. This strong showing underscores growing institutional and retail interest in digital-asset investment vehicles beyond the better-known Bitcoin and Ethereum-based funds.

What makes this launch significant?

The magnitude of inflows places it at the top of all 2025 crypto ETF debuts, suggesting altcoin investment strategies are gaining mainstream traction.
A first-day volume above $50 million shows active trading participation, not just passive buy-and-hold money.
The timing aligns with regulatory clarity and increasing investor comfort with crypto-based ETFs.

Key details of the launch:

The ETF began trading on 13 November 2025 on the Nasdaq Stock Market.
Despite broader market weakness (the crypto market-cap dropped around 3.5 % on the same day), XRPC still delivered strong demand.
The digital-asset token XRP traded roughly at US $2.30 during the launch, though it had experienced downward price pressure even as ETF demand surged.

Why this matters for XRP and the crypto sector
This debut reflects a turning point for altcoin-linked investment vehicles:

It signals that crypto investors are ready to diversify beyond leading coins and embrace regulated products tied to other digital-assets.
For XRP itself and its ecosystem (led by Ripple Labs), this could increase willingness from institutions to gain exposure via ETFs rather than direct token purchases.
The success of the launch may accelerate filings and approvals of more spot-altcoin ETFs, expanding the marketplace for digital-asset access.
The strong debut helps validate the broader trend of cryptocurrency ETFs gaining traction with mainstream investors, rather than just niche speculators.

Challenges and watch-points

The broader crypto market is still volatile while ETF inflows were strong, XRP’s price slipped, showing demand for the fund did not immediately translate into token-price strength.
Regulatory risks remain, especially as altcoin riding ETFs may be viewed differently than Bitcoin/Ethereum funds.
While $245-250 million is a large inflow, it still sits well behind the multi-billion first-day volumes seen in earlier Bitcoin spot ETF launches. Thus, expectations must be managed.

What to watch next
Investors and analysts will now monitor:

Whether additional inflows accrue in the coming days/weeks, hinting at sustained interest.
How competing issuers of XRP-linked ETFs perform and whether new entrants drive competitive liquidity.
The impact on the underlying XRP token’s price and volatility, as ETF demand may alter market dynamics.
How regulators respond to altcoin-linked funds, potentially influencing future approvals and market structure.

Frequently Asked Questions (FAQs)

Q1: What is the spot XRP ETF that just launched?
A: The fund is the spot XRP ETF issued by Canary Capital (ticker XRPC), listed on the Nasdaq on 13 November 2025. It allows investors to gain exposure to the XRP cryptocurrency through a regulated product rather than direct token purchase.

Q2: How much money flowed into the ETF on its first day?
A: Reports indicate around US $245-250 million of net inflows on day one, making it the largest crypto ETF debut of 2025.

Q3: What was the first-day trading volume of the ETF?
A: The trading volume breached approximately US $58 million, also a record for crypto ETF debuts this year.

Q4: Does this mean XRP’s price will immediately surge?
A: Not necessarily. While ETF demand is strong, the XRP token’s price dipped around the debut, reflecting broader crypto market weakness. Inflows into a fund don’t always instantly raise the underlying asset price.

Q5: Why is this important for the crypto ETF market?
A: It shows growing appetite for altcoin-linked regulated investment products, beyond Bitcoin and Ethereum. It may encourage more issuers and more diverse crypto ETF offerings, expanding investor choice.

Q6: What should investors keep in mind with such an ETF?
A: They should consider the underlying asset risk (XRP), regulatory changes, competition among ETFs, liquidity in the secondary market, and how the ETF fits their investment goals and risk tolerance.