The first U.S. XRP ETF debuted with an impressive $58 million in day-one volume, outperforming all 2025 ETF launches. Canary’s spot XRP ETF hit $26 million in the first 30 minutes, setting a record for altcoin ETFs. Despite criticism, there is no evidence linking the ETF to Ripple’s escrow program.

XRP continues to shine in the altcoin ETF category, but falls short of the massive debuts seen by Bitcoin and Ethereum ETFs. Bitcoin’s debut in Jan 2024 saw $4.1 billion in volume, while Ethereum’s in July 2024 reached $1.1 billion. XRPC’s $58 million represents just 1.3% of Bitcoin’s launch, but analysts note the different market conditions.

Read more at Yahoo Finance: XRP ETF Tops All 2025 Launches With Record $58M Day-One Volume