PANews reported on November 14th that, according to The Block, Eric Balchunas, senior ETF analyst at Bloomberg, stated that Canary Capital's XRP ETF (ticker symbol XRPC) opened for trading on Thursday morning with a first-day trading volume of $58 million, setting a new record for the highest first-day trading volume for an ETF this year among nearly 900 newly listed ETFs. Balchunas earlier stated on the X platform that XRPC's trading volume reached $26 million in its first hour. Previously, this record was held by Bitwise's Solana ETF (ticker symbol BSOL), which had a first-day trading volume of approximately $57 million, with its volume surging to $72 million on the second day. Balchunas commented on the launch of XRPC and BSOL this year, saying they are in a class of their own because the third-ranked fund's trading volume is more than $20 million behind them.PANews reported on November 14th that, according to The Block, Eric Balchunas, senior ETF analyst at Bloomberg, stated that Canary Capital's XRP ETF (ticker symbol XRPC) opened for trading on Thursday morning with a first-day trading volume of $58 million, setting a new record for the highest first-day trading volume for an ETF this year among nearly 900 newly listed ETFs. Balchunas earlier stated on the X platform that XRPC's trading volume reached $26 million in its first hour. Previously, this record was held by Bitwise's Solana ETF (ticker symbol BSOL), which had a first-day trading volume of approximately $57 million, with its volume surging to $72 million on the second day. Balchunas commented on the launch of XRPC and BSOL this year, saying they are in a class of their own because the third-ranked fund's trading volume is more than $20 million behind them.

Canary's spot XRP ETF saw $58 million in trading volume on its first day, surpassing Bitwise's Solana ETF.

2025/11/14 07:03

PANews reported on November 14th that, according to The Block, Eric Balchunas, senior ETF analyst at Bloomberg, stated that Canary Capital's XRP ETF (ticker symbol XRPC) opened for trading on Thursday morning with a first-day trading volume of $58 million, setting a new record for the highest first-day trading volume for an ETF this year among nearly 900 newly listed ETFs. Balchunas earlier stated on the X platform that XRPC's trading volume reached $26 million in its first hour. Previously, this record was held by Bitwise's Solana ETF (ticker symbol BSOL), which had a first-day trading volume of approximately $57 million, with its volume surging to $72 million on the second day. Balchunas commented on the launch of XRPC and BSOL this year, saying they are in a class of their own because the third-ranked fund's trading volume is more than $20 million behind them.

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