Canary XRP ETF Records $58M First-Day Trading Volume, Highest Among 2024 Launches

Canary's spot XRP ETF recorded $58 million in trading volume on its debut day, the highest first-day volume among nearly 900 ETF launches in 2024, Bloomberg senior ETF analyst Eric Balchunas said on Nov. 14. The figure surpassed the previous record of $57 million held by Bitwise's Solana ETF. XRPC recorded $26 million in trading volume within its first hour.