The first XRP spot ETF in the United States was listed, with no net inflow on the first day and a net inflow of $243 million on the second day
The first single-token spot ETF for XRP in the United States ------ Canary XRP ETF (ticker XRPC) has officially launched on Nasdaq. The Canary XRP ETF supports cash and physical redemptions, with a management fee of 0.5%. According to SoSoValue data, there was no net inflow on the first day of XRPC's listing, with a trading volume of $59.22 million; on the following day, there was a net inflow of $243 million through cash or physical subscriptions, with a trading volume of $26.72 million. As of the time of writing, the total net asset value of the Canary XRP ETF is $248 million, and the XRP net asset ratio (the market value relative to the total market value of XRP) is 0.18%.
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