If you thought the first week of a spot XRP ETF would be a calm lakeside stroll, youâre not paying attention. Canary Capitalâs XRPC ETF hit Nasdaq like a toddler on a sugar rush, raking in $128 million in four days. For context, thatâs the financial equivalent of me finishing a 12-pack of diet soda and still needing a nap. And yet, here we are: XRPâs price took a nosedive mid-party, down 7% on Day 1. Who knew investing could be so thrilling? đ¤Ą
Four-Day Trading Volume Reaches $128 Million
Letâs break it down, because nothing says âsuccessâ like a spreadsheet. Day 1: $58.5 million. Day 2: $26 million. Day 3: $19 million (okay, this is starting to look like a slow Wednesday at a bank). Day 4: $24 million. Total? A tidy $128 million. Bloombergâs Eric Balchunas, whoâs probably never met a number he didnât want to analyze, called it âone of the quickest crypto ETF starts in ages.â Translation: before you could say âHODL,â your mom had a 401(k) in XRP. đ¸
For the record, the only thing outperforming this ETF is my ability to finish a bag of chips. Solanaâs ETF launched earlier this year with $57 million, but XRPCâs got that âIâm-better-than-youâ energy. Even 2025âs other ETFs are like, âOkay, fine, you win.â
More XRP ETFs Are About to Launch
Brace yourselves. In the next two weeks, 11 more XRP ETFs will hit exchanges like theyâre trying to break the internet (spoiler: theyâll fail). Bitwise, 21Shares, CoinShares, Grayscale, and WisdomTree are all throwing their hats into the ring between Nov 20 and 25. If each ETF pulls in $20-30 million on Day 1, weâre looking at a December that smells like a liquidity bonanza. Or a crash. Either way, itâll be a party. đ
Will XRP Follow Bitcoinâs ETF Pattern?
History has a way of repeating itself, unless youâre a vampire or a bad relationship. When Bitcoinâs ETFs launched, BTC dipped first, then bounced back like a trampoline. Ethereum did the same. Now XRPâs chart is playing the same game, but on fast-forward. Instead of 11 ETFs dropping on one day (Bitcoinâs version of a surprise birthday party), XRPâs staggered rollout is like a relay race where everyone trips. Will it build momentum or just a long line of confused investors? Only time will tell-and maybe a few too many Red Bulls. đ
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2025-11-19 19:24