Canary’s XRP ETF has gotten off to a good start following its launch on November 13. The fund’s first-day trading volume beat estimates, a development that has shocked even the community.

Canary’s XRP ETF Records $58 Million In Day One Trading Volume

In an X post , Bloomberg analyst Eric Balchunas revealed that Canary’s XRP ETF (XRPC) recorded $58 million in day one trading volume. He further noted that this is the most of any ETF launched this year, among the 900 launched. With this, the fund also edged Bitwise’s Solana ETF , which recorded $57 million in day-one trading volume.

The Bloomberg analyst added that the two of them are in a league of their own, as the third-best launch this year is $20 million away. Meanwhile, Canary’s XRP ETF beat estimates, with

See Full Page