Canary Capital's XRP ETF Records $36 Million Trading Volume in First Three Hours

Canary Capital's spot XRP exchange-traded fund generated over $36 million in trading volume during its initial three hours on November 13, 2025. The XRPC fund traded at $25.74 as of 4:43 P.M. UTC. Bloomberg senior ETF analyst Eric Balchunas projected the product could surpass Bitwise's Solana ETF opening-day benchmark of $57 million.