By The Numbers: First Spot XRP ETF Achieves Record Launch Amid 900 Competitors
November 14, 2025 · 7:00 AM
Canary Capital's XRP ETF launched successfully on Thursday, achieving a record $58 million in trading volume on its first day, surpassing competitors. This debut positively impacted XRP's price, pushing it towards $2.5, although it later retraced to $2.3. CEO Steven McClur expressed confidence in the ETF's potential, predicting it could attract significant institutional investment due to XRP's liquidity and utility.
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