XRP ETF Debut Ignites Potential ‘Tsunami’ as Institutional Players Pile In

A recent record-breaking debut for the Canary XRP ETF has fueled excitement in the crypto community, with experts predicting a significant surge in XRP volume and value. The fund, despite managing only $100 million in assets under management (AUM), generated an astonishing $58 million in trading volume on its first day, closely rivaling the Solana ETF’s launch which boasted $5 billion in AUM and saw $57 million in volume. This unexpected success has sparked debate about XRP’s undervaluation with some estimates suggesting a potential 25 to 50 times increase in its worth compared to current prices.