- Canary Capital clients invest $245 million in XRP ETF, signaling growing confidence.
- XRPC ETF breaks records with $58 million debut in trading volume.
- Institutional interest in XRP remains strong amid rising demand.
According to Whale Insider, Canary Capital clients made a staggering $245 million purchase in XRP via the XRPC ETF within 24 hours. This substantial transaction highlights growing institutional confidence in XRP, marking the largest first-day ETF acquisition in 2025. The investment shows that XRP remains a valuable asset in the cryptocurrency market, appealing to large investors seeking long-term growth.
The size of this purchase signals that institutional investors are increasingly betting on XRP’s future potential. This move demonstrates that big players are ready to commit significant resources to XRP through the ETF XRPC, reflecting its growing role in the evolving financial ecosystem.
Institutional Investment Continues to Fuel XRP’s Momentum
The $245 million inflow in the XRP ETF (XRPC) shows the rising trend of institutional interest in cryptocurrencies. XRP’s ability to streamline cross-border payments has made it an attractive option for large financial players.
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As institutions continue to diversify their portfolios with exposure to digital assets through ETFs, XRP’s position within the broader financial ecosystem continues to strengthen. This increased demand underscores the belief that XRP will play a key role in shaping the future of digital currencies.
XRPC ETF Shatters Records on Debut
For context, Canary Capital launched the XRP-focused exchange-traded fund (ETF), XRPC, yesterday, setting a new record by achieving $58 million in trading volume and $245 million in net flows on its debut day. XRPC surpassed the previous record set by the Bitwise Solana ETF (BSOL), which had $57 million in volume.
Within just one hour of trading, XRPC accumulated $26 million, demonstrating strong investor interest in regulated access to digital assets like XRP. This rapid uptake reflects the growing demand for cryptocurrency-based investment products among traditional investors.
XRP’s Future Looks Strong Amid Rising Institutional Support
With the $245 million investment in XRP via ETFs, XRP’s future is looking increasingly bright. As institutional investors continue to embrace digital assets, XRP’s role in the global financial system is set to expand.
The success of products like XRPC highlights the growing acceptance of cryptocurrencies as legitimate assets, solidifying XRP’s position in the market.
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