First spot XRP ETF achieves record $58m day-one volume, leading 2025 ETF launches

Key Takeaways XRPC, a spot ETF providing exposure to XRP, launched on Nasdaq and recorded $58 million day-one trading volume. XRPC is the first US-listed spot fund dedicated to XRP, marking a significant expansion beyond Bitcoin and Ether ETFs. Share this article

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The XRPC ETF marks the first US-listed spot fund dedicated to XRP, a crypto focused on cross-border payments. The fund’s debut follows similar introductions to Solana-based products like BSOL.

The launches expand cryptocurrency ETF offerings beyond Bitcoin and Ether, building on momentum from prior cryptocurrency fund approvals in the digital asset investment landscape.

Despite XRPC’s strong debut, XRP fell about 4% in the past 24 hours to $2.3, dragged down by Thursday’s market-wide pullback after Bitcoin slipped below $99,000 for the first time since May.