Canary Capital’s XRP ETF outperformed all 900 ETF launches of 2025, inspiring a bullish rotation among the industry’s most successful traders, who are now betting on XRP’s price increasing.
The debut of the Canary Capital XRP exchange-traded fund (ETF) is signaling renewed demand for altcoins, after the fund posted the strongest first-day performance of any of the over 900 ETFs launched in 2025.
Canary Capital’s XRP (XRP) ETF closed its first day with $58 million in trading volume, marking the most successful ETF debut of 2025 among both crypto and traditional ETFs, said Bloomberg ETF analyst Eric Balchunas in a Thursday X post.
Moreover, the new fund garnered over $250 million in inflows during its first trading day, surpassing the recent inflows of all other crypto ETFs.
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