Shocking XRP ETF Launch: $250M Inflows on Day One, And It’s Not Even A Meme Coin!

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Key Highlights

  • Canary Capital’s XRP ETF had the most stunning debut of 2025, with $58M in trading volume and $250M in inflows. 💸
  • Smart money traders threw in an extra $44M in net long XRP positions right after the launch. 🧠💰
  • This ETF had retail and institutional investors begging for more, thanks to that fancy in-kind creation and redemption thing. 🙌

Hold onto your hats, folks! The Canary Capital XRP exchange-traded fund (ETF) made its grand entrance on Thursday, Nov 14, and wow, did it steal the spotlight. Out of more than 900 ETFs that launched in 2025, this one took the cake, with a jaw-dropping $58 million in trading volume and a $250 million influx from investors. 🎂💥

This isn’t your average ETF. It gives investors a way to get their hands on XRP tokens through an in-kind creation and redemption model, which the SEC just approved in July 2025. Yes, you heard that right. The SEC actually said “yes” to something in crypto. 🧐

Congrats to $XRPC for $58M in Day One volume, the most of any ETF launched this year (out of 900), BARELY edging out $BSOL’s $57M. The two of them are in a league of their own tho as 3rd place is over $20M away. 💸💥

– Eric Balchunas (@EricBalchunas) November 13, 2025

In-Kind Creation: The Magic Behind the Madness

The “in-kind” system is basically a fancy way of saying, “Forget cash, we’re swapping shares for XRP tokens directly.” This is why the ETF pulled in a crazy $250M in inflows but only had $58M in trading volume. It’s like a magic trick. 🧙‍♀️✨

So, how does this work, you ask? Easy. ETF expert Nate Geraci tweeted about it, breaking it down for all the confused traders out there: “How can there be $250M in inflows with only $59M in trading volume? Answer: In-kind creations!” 🎩

Smart traders didn’t waste any time-within 24 hours, they pumped $44 million into long XRP positions. Meanwhile, they’re still not loving Solana, holding $55M in short positions. The drama never ends. 🤷‍♀️

The ETF opened at $24.55 and wrapped up the day down 7.8%, thanks to the wild crypto market. Bitcoin dropped 3.89%, Ether took a 3.38% hit, and Solana lost about 5%. But hey, at least XRPC proved analysts wrong-$17M was expected, but it blew past that in just half an hour. 🔥

Retail & Institutional Demand: XRP’s Hotter Than Your Ex

Min Jung, senior analyst at Presto, was all about XRP’s loyal fanbase, saying, “XRP has one of the most persistent retail communities in crypto. They just keep coming back, like that one friend who never gives up on pizza.” 🍕

Lawrence Samantha, CEO of NOBI, chimed in too, adding, “If XRPC keeps seeing steady inflows, this could be a huge indicator of long-term institutional interest.” 💼📈

As of right now, XRP is trading at $2.32, down 3.71% over the past 24 hours because the entire crypto market is feeling a little… well, down. 😬

The ETF also attracted professional investors, even those who usually stay away from crypto like it’s the flu. A nice chunk of early inflows came from liquidity providers handling the in-kind creations and redemptions, plus traders looking to grab some quick wins. 💼💸

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2025-11-14 23:24