XRP News Today: XRP ETF's Record Volume Signals Altcoin's Institutional Turn

Canary Capital's XRP ETF (XRPC) launched on Nasdaq on November 13, 2025, with a record-breaking $58 million in first-day trading volume, outpacing the previous benchmark set by Bitwise's Solana staking ETF. Despite a 7.8% dip in XRP's price to $2.30, the debut underscored growing institutional and retail appetite for the asset, with $245 million in inflows reported. The performance, described by Bloomberg Senior ETF Analyst Eric Balchunas as "a rare bright spot in a red market day," highlighted XRP's resilience amid a broader 3.5% decline in crypto market capitalization to $3.43 trillion.

The ETF's success was fueled by a combination of retail enthusiasm and institutional validation. The "XRP Army," a dedicated community of retail investors, drove rapid inflows, while the product's regulated structure eased institutional entry. Presto Senior Analyst Min Jung noted that the XRP ETF's debut volume surpassed expectations by 230%, with $26 million traded in the first 30 minutes alone. This surge, however, was partially attributed to market makers balancing supply, according to NOBI CEO Lawrence Samantha, who cautioned that sustained inflows would be a better indicator of long-term institutional commitment.

Price pressures, meanwhile, reflected broader market dynamics. XRP's decline aligned with a 4% drop in the overall crypto market, as leveraged positions unwound and technical levels like the 50-day EMA at $2.38 broke. CoinMarketCap analysts attributed the sell-off to profit-taking and risk-off sentiment, though the token's year-to-date gain of 230.7% signaled underlying strength. Analysts at TradingView and CoinPedia forecasted a potential rally, citing historical patterns and the likelihood of $4–$8 billion in institutional inflows from upcoming XRP ETF approvals.

The ETF's launch also reignited debates over Ripple's role. While some speculated ties between Canary's XRPC and XRP released from Ripple's escrow program, no evidence supported these claims. Ripple's escrow releases, which free 1 billion XRP monthly, showed no unusual activity around the ETF's debut. This transparency, coupled with the ETF's 1933 Act compliance, distinguished it from prior products like REX-Osprey's September-launched XRP ETF, which operated under the 1940 Act framework.

Looking ahead, the XRP ETF landscape is set to expand. Eleven XRP ETFs are now listed on the Depository Trust & Clearing Corporation (DTCC), with filings from major firms like Bitwise, Franklin Templeton, and CoinShares. The SEC's July 2025 guidance on crypto ETPs has accelerated approvals, though analysts caution that Bitcoin and Ethereum ETFs still dwarf XRPC's debut figures. For example, Bitcoin spot ETFs in January 2024 generated $4.1 billion in opening-day volume, compared to XRPC's $58 million.

Despite these disparities, XRPC's performance validated XRP's unique position. Unlike Bitcoin's "unprecedented" debut, XRPC entered a mature ETF market with lower expectations, making its record more symbolic for altcoin adoption. James Seyffart of Bloomberg predicted XRPC could surpass $34 million in total day-one volume, while Balchunas noted the ETF's potential to outperform Ethereum's July 2024 debut.

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