When did XRP ETFs launch?

TLDR

The first U.S. spot XRP ETF (XRPC by Canary Capital) launched on 13 Nov 2025 at the U.S. market open, following Nasdaq certification the day prior (news report).

1. Day?one trading volume was about $58 million, the biggest ETF debut of 2025 (market update).
2. Nasdaqs listing certification became effective on 12 Nov, enabling the 13 Nov launch (report).
3. Additional XRP ETFs were slated for late Nov by Bitwise, Franklin Templeton, 21Shares, CoinShares, and WisdomTree (timeline).

Deep Dive

1. Launch Date

Canary Capitals spot XRP ETF (XRPC) went live on 13 Nov after Nasdaq certified its listing on 12 Nov, marking the first U.S. exchange?listed spot XRP ETF (news report). It uses the Securities Act of 1933 structure similar to recent altcoin ETFs (overview).

2. Day-One Volume

XRPCs first trading day recorded about $58 million in volume, the largest ETF launch of 2025, surpassing the Solana ETFs debut (market update). Coverage highlighted early half?hour volume near $26 million, with continuing strong demand through the session (analysis).

3. Pipeline Of Issuers

A launch calendar indicated more XRP ETFs targeting late November windows across Bitwise, Franklin Templeton, 21Shares, CoinShares, and WisdomTree, after Canarys first?mover debut (timeline). Media also noted potential fast?tracking amid broader crypto ETP guidance and a backlog clearing period (update).

Conclusion

XRP ETFs effectively launched with Canary Capitals XRPC on 13 Nov, backed by Nasdaq certification on 12 Nov. Early trading showed strong demand, and more issuers were queued for late November, suggesting expanding access and potentially deeper liquidity for XRP through regulated products.