XRP ETF Attracts $245M Inflows

Canary’s Spot XRP ETF Launches with $245 Million Inflows

• Canary Capital’s spot XRP ETF launched on November 13, attracting nearly $245 million in net inflows.
• This is the first US spot XRP ETF and is listed on the Nasdaq under the ticker XRPC.
• The fund allows investors direct exposure to XRP through a traditional, regulated investment vehicle.
• The ETF structure requires custodians to hold physical XRP, creating institutional demand for the asset.
• XRPC currently manages nearly 109 million XRP valued at over $250 million.

Canary Capital’s new spot XRP ETF made a strong debut on Nasdaq, drawing significant investor interest with $245 million in net inflows. The fund provides a regulated avenue for mainstream investors to access XRP, boosting demand for the underlying asset.