The first U.S. spot XRP exchange-traded fund closed its debut session with $58 million in day-one trading volume and roughly $245 million in net inflows, securing the top position among more than 900 ETFs launched in 2025.
Nate Geraci, president of the ETF Store, celebrated the performance, writing:
“Canary XRP ETF posts highest day one trading volume out of 900+ ETF launches this year. Also nearly $250 million inflows.”
The strong start puts XRPC ahead of Bitwise’s Solana (SOL) Staking ETF (BSOL), which previously held the 2025 record at $57 million in opening-day volume.
Both products now dominate the year’s ETF leader board, reflecting persistent enthusiasm for crypto-linked thematic funds even as traditional ETF inflows slow.
XRP ETF now ranks at the top, followed by BSOL, while all other debuts trail far behind. Key contenders include:
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BSOL- $57 million
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HBR- $8 million
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LTCC- $1 million
Related: XRP ETF surges to $26M in opening volume within 30 minutes
Despite leading all 2025 ETF debuts, XRPC remains well below the historic first-day figures of the Bitcoin (BTC) and Ethereum (ETH) ETF waves.
XRPC’s $58 million represents roughly 1.3% of Bitcoin’s launch-day trading activity.
Still, analysts emphasize that Bitcoin’s debut was a once-in-a-decade liquidity event, whereas XRPC is launching into a mature ETF market with lower expectations.
In a surprising turn of events, U.S.-listed spot BTC ETFs saw nearly $870 million in net outflows on Thursday, the second-largest daily bleed on record, led by $318.2 million exiting Grayscale’s Mini Trust and $256.6 million from BlackRock’s IBIT.
The exodus came as Bitcoin slipped below $100,000 for the first time in 188 days, triggering more than $470 million in long liquidations as per CoinGlass.
With its debut now officially the largest ETF launch of 2025, XRPC has emerged as the year’s most significant ETF listing and a rare bright spot during an extended period of risk aversion in digital assets.
The launch signals strong early demand despite a fragile broader market and lingering post-shutdown volatility.


