According to the source, Canary Capital’s newly launched XRP ETF recorded about $58 million in first-day trading volume, the highest among 2025 ETF debuts, per Bloomberg ETF analyst Eric Balchunas (source: Eric Balchunas, Bloomberg). It narrowly surpassed the day-one turnover of Bitwise’s Solana (SOL) ETF, according to Eric Balchunas of Bloomberg (source: Eric Balchunas, Bloomberg).

According to @EricBalchunas, $XRPC recorded $58 million in day-one trading volume, the highest of any ETF launched in 2025, narrowly topping $BSOL at $57 million, with the third-best debut more than $20 million lower (source: Eric Balchunas on X, Nov 13, 2025).