XRP ETF Commences Trading on Nasdaq, Signaling Market Shift
- Canary Capital’s XRP ETF debuts on Nasdaq, attracting institutional interest.
- Forecasted inflows may reach up to $5 billion within a month.
- XRP price projected towards $5, driven by institutional investments.
The first spot XRP ETF, issued by Canary Capital, made its debut on Nasdaq under the ticker XRPC on November 13, 2025, marking a significant milestone in cryptocurrency markets.
This introduction signals institutional acceptance of XRP, potentially attracting substantial inflows and affecting altcoin investment trends, while providing new opportunities within regulated financial markets.
XRP ETF, issued by Canary Capital, began trading on Nasdaq on November 13, 2025, under the ticker XRPC.
The ETF launch represents a crucial step in the regulated adoption of digital assets, enhancing institutional investment prospects significantly.
Canary Capital’s XRP ETF Debuts on Nasdaq
Canary Capital launched the first physically backed XRP ETF on Nasdaq. Steve McClurg, CEO, emphasized the move as pivotal for digital asset adoption. “We are thrilled to be the first to bring a physically backed XRP ETF to the Nasdaq, marking a major step for institutional adoption of XRP and digital assets in regulated markets.”
The fund is expected to attract substantial inflows. Paul Atkins and Hester Peirce played roles in regulatory approval processes.
XRP Price Projections Amid Market Anticipation
XRP’s market anticipation leads to price fluctuations, with projections of significant price increases. Institutional interest has spurred on-chain developments.
The SEC approval marks a significant shift, potentially impacting related assets like BTC and ETH. Increased institutional participation is anticipated.
XRP ETF Launch Echoes Past Bitcoin, Ethereum Trends
Past spot ETFs, including BTC and ETH, saw major inflows. XRP’s ETF approval aligns with a trend of growing altcoin ETF interest.
Experts predict similar adoption and influence trends for XRP as observed with Bitcoin, signaling broader acceptance in regulated markets.
| Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor. |
