Important points
- XRPC captured a market value of $336 million in assets under management (AUM), exceeding the combined value of all other XRP ETFs.
- The product’s Nasdaq listing will allow institutions and traders to gain exposure to XRP as easily as trading stocks, thereby driving strong inflows and widespread institutional confidence in crypto assets other than Bitcoin and Ethereum.
- With XRPC gaining widespread adoption in the market due to growing investor confidence, the price of XRP will likely rise above $2 in the long run.
The value of Canary Capital Group LLC’s Spot XRP ETF (XRPC) has grown to encompass all other U.S.-based XRP ETFs, reaching a value of approximately $336 million. Assets under management (parrot). The fund reported a volume of $59 on its first day of trading. This is the highest first-day volume of any ETF launched in 2025. Bitwise (XRP), Grayscale (GXRP), and Franklin Templeton (XRPZ) are other competing XRP ETFs of XRPC.
The rise in demand for XRPC is due to increased investor demand. This increase in demand is due to investors preferring XRPC as a means of “exposure to one of the most fundamental digital assets,” said Steven McClurg, CEO and founder of Canary Capital.
The success of the ETF is due to its operating model, which allows stocks to be exchanged for XRP tokens, helping smart money traders increase their long XRP positions. The product’s Nasdaq listing will allow institutions and traders to gain exposure to XRP as easily as trading stocks, thereby driving strong inflows and widespread institutional confidence in crypto assets other than Bitcoin and Ethereum.
The impact of XRPC on the short-term price of XRP
Short-term inflows into XRPC could provide a structural bid on the price of XRP by increasing institutional demand and reducing the available circulating supply. For example, the launch of XRPC in November 2025 resulted in price volatility and short-term bearish pressure on XRP due to large-scale XRP whale sales and broad crypto market corrections.
However, with XRPC gaining widespread adoption in the market due to growing investor confidence, the price of XRP will most likely rise above the $2 mark in the long run. Short-term prices are likely to remain volatile until the whale sell-off subsides and macro conditions stabilize. Analysts identify a rebound if XRP moves above the $2.10 to $2.25 range, and a downside move if the price dips below $1.60. It all depends on the XRP market situation.
conclusion
The success of the Canary XRP ETF holds lessons for crypto traders and investors. JPMorgan analysts estimate that spot XRP products such as the Canary ETF could attract up to $8 billion in inflows, potentially leading to increased liquidity and higher XRP prices. However, while trading volumes and asset inflows have been impressive, the price of XRP itself has shown only modest gains for the time being, indicating that the ETF may be just part of a broader adoption trend.
Canary Capital’s XRP Titan ETF sets a new benchmark for XRP-related investment products and significantly boosts the momentum of the XRP ETF market in the United States. This shows that XRP has been accepted by mainstream institutional investors and demand is increasing. digital assets investment vehicle.
Also read: Why Bitcoin is crashing today: About $1 billion has been wiped out
