According to the source, Canary Capital’s newly launched XRP ETF recorded about $58 million in first-day trading volume, the highest among 2025 ETF debuts, per Bloomberg ETF analyst Eric Balchunas (source: Eric Balchunas, Bloomberg). It narrowly surpassed the day-one turnover of Bitwise’s Solana (SOL) ETF, according to Eric Balchunas of Bloomberg (source: Eric Balchunas, Bloomberg).

According to @EricBalchunas, $XRPC recorded $58 million in day-one trading volume, the highest of any ETF launched in 2025, narrowly topping $BSOL at $57 million, with the third-best debut more than $20 million lower (source: Eric Balchunas on X, Nov 13, 2025).

According to @KobeissiLetter, leveraged equity ETF launches have surged to a record 701, doubling over the last three years and including roughly 200 new leveraged stock ETFs year to date, the most on record, source: @KobeissiLetter, X, Oct 21, 2025. The source adds that more than 800 total ETFs have launched in 2025, pushing the total number of US ETFs above 4,500 for the first time and signaling risk appetite is through the roof, source: @KobeissiLetter, X, Oct 21, 2025. For trading, this rapid growth in leveraged products highlights elevated risk-taking in equities that the source characterizes as extreme, a cross-asset sentiment signal crypto traders can monitor when assessing BTC and ETH exposure and intraday volatility, source: @KobeissiLetter, X, Oct 21, 2025.

According to @EricBalchunas, T Rex's 2x BitMine ETF (BMNU) recorded $32 million in first-day trading volume, indicating heavy launch-day activity for the leveraged product; source: @EricBalchunas on X, Sep 26, 2025. According to @EricBalchunas, BMNU ranked third by day-one volume among approximately 650 ETFs launched this year, trailing only the XRP ETF and the Dan Ives ETF; source: @EricBalchunas on X, Sep 26, 2025.