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The first XRP Spot ETF in the United States was launched, with no net inflow on the first day and a net inflow of 243 million USD on the second day.
Odaily News On November 13, the first single coin XRP Spot ETF in the United States - the Canary XRP ETF (ticker XRPC) was officially listed on Nasdaq. The Canary XRP ETF supports cash and physical redemptions, with a management fee rate of 0.50%. According to SoSoValue data, there was no net inflow on the first day of XRPC's listing, with a trading volume of 59.22 million USD; on the following day, there was a net inflow of 243 million USD through cash or physical subscriptions, with a trading volume of 26.72 million USD. As of the time of writing, the total net asset value of the Canary XRP ETF is 248 million USD, and the XRP net asset ratio (the market capitalization relative to the total market capitalization of XRP) is 0.18%.