XRP ETF Delivers Historic Debut, Outshining 2025 Launches with $250M Inflows

The debut of the Canary Capital XRP exchange-traded fund (ETF) has set a new benchmark for cryptocurrency ETF launches, surpassing all other launches in 2025. With over $250 million in inflows during its first trading day, the fund saw unprecedented success, even exceeding the recent performance of traditional ETFs and showcasing heightened interest in altcoins. According to Bloomberg ETF analyst Eric Balchunas, Canary Capital’s XRP (XRP) ETF achieved the highest first-day performance among all crypto and traditional ETFs, generating $58 million in trading volume. This impressive debut is attributed to the fund’s innovative in-kind creation model.