Key facts: Canary Capital launches U.S. spot XRP ETF; $58M volume; XRP supply drops
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- On November 13, 2025, Canary Capital launched the first U.S. spot XRP ETF, XRPC, on Nasdaq, achieving a record $58 million trading volume on its first day.123
- XRP supply on exchanges dropped sharply, with 149 million XRP worth about $336 million withdrawn in 24 hours, indicating major accumulation and tighter liquidity ahead of new ETF launches.4
- The launch of the XRPC ETF is expected to boost awareness of XRP's utility, likely increasing adoption and liquidity as more institutions invest in regulated products.5