According to @EleanorTerrett, Canary Funds launched the first XRP spot ETF on Wall Street under ticker XRPC, describing its debut as record-breaking, which puts immediate focus on liquidity, spreads, and flows for XRP-linked trading strategies; source: @EleanorTerrett on X, Nov 14, 2025. The same post adds that Paul S. Atkins shared next steps in Project Crypto, flagging ongoing regulatory developments traders should track for exchange-traded crypto products; source: @EleanorTerrett on X, Nov 14, 2025. For execution and risk management, traders should monitor XRPC daily volume, AUM changes, bid-ask spreads, and premium or discount to NAV because these metrics affect liquidity and fill quality; source: U.S. SEC Investor Bulletin: Exchange-Traded Funds (Investor.gov). For data confirmation on flows and holdings, check issuer communications and trading updates; source: @CanaryFunds on X.

According to CoinMarketCap, Canary Capital launched the first U.S. spot XRP ETF today, trading on Nasdaq under the ticker XRPC (source: CoinMarketCap). According to CoinMarketCap, this adds to a still-growing array of altcoin ETFs, giving traders exchange-listed exposure to XRP via XRPC on Nasdaq (source: CoinMarketCap).

According to @EricBalchunas, XRPC recorded $26 million in trading volume within the first 30 minutes of launch (source: @EricBalchunas on X, Nov 13, 2025). He notes this already surpasses his $17 million forecast for the opening period (source: @EricBalchunas on X, Nov 13, 2025). He adds that XRPC has a good shot at beating BSOL’s $57 million to claim the biggest Day One of any launch this year (source: @EricBalchunas on X, Nov 13, 2025).

According to Eric Balchunas, he forecasts Day One trading volume of $17 million for XRPC and is inviting community predictions to gauge early trading interest, with the winner receiving a retweet and pride; Source: Eric Balchunas on X, Nov 13, 2025.

According to @EleanorTerrett, Canary Funds CEO Steven McClurg stated that the first single-token spot XRP ETF (ticker XRPC) is “going effective” and credited SEC leadership for supporting free markets; source: Eleanor Terrett post on X dated Nov 12, 2025. The post provides no SEC filing number, effective date, or exchange listing circular, so traders should wait for the effective registration statement on SEC EDGAR and an official exchange listing notice before executing event-driven positions; sources: Eleanor Terrett post on X; SEC EDGAR and Division of Corporation Finance guidance. If confirmed, primary-market creation/redemption and ETF-NAV spread dynamics would likely shape XRP spot liquidity and derivatives basis in a manner consistent with the US spot BTC ETF framework; source: SEC Order Release No. 34-99306 (Jan 10, 2024) approving spot Bitcoin ETF listings.

According to @EleanorTerrett, Canary Funds’ XRP ETF (ticker XRPC) became officially effective at 5:30 PM ET after Nasdaq certified the listing, clearing XRPC to launch at tomorrow’s market open. According to @EleanorTerrett, the confirmed details include the issuer (Canary Funds), venue (Nasdaq), ticker (XRPC), and launch timing (tomorrow at the opening bell), with no additional terms disclosed in the source.

According to @EricBalchunas, Nasdaq has issued an official listing notice for ticker XRPC with the launch scheduled for tomorrow, shared in his Nov 12, 2025 post; source: Eric Balchunas on X. Nasdaq listing notices formally confirm the first trading date and initiate opening auction procedures that define when order entry and price discovery begin; source: Nasdaq listing guidelines. The post did not include additional details such as indicative values, market maker information, or fee schedule; source: Eric Balchunas on X.