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Canary Capital XRP ETF Attracts $243M in Inflows as BTC and ETH Funds Record Outflows
Canary Capital's XRP exchange-traded fund drew $243 million in net inflows during its November 13, 2025 Nasdaq debut, generating $58 million in first-day trading volume. The launch surpassed previous 2025 ETF records while Bitcoin and Ethereum funds experienced outflows of $492 million and $177 million respectively. Bitcoin fell below $100,000 as the crypto market faced broader selling pressure.
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First U.S. Spot XRP ETF Launches With $250 Million Day-One Volume as Token Falls 3%
Canary Capital's spot XRP exchange-traded fund began trading Thursday, recording nearly $250 million in first-day volume and becoming the first U.S. product of its kind. XRP declined roughly 3 percent over the subsequent 24 hours amid broader market turbulence. Bitcoin ETFs saw $870 million in net outflows the same day as the digital asset sector entered a period of heightened risk aversion.
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