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Canary XRP ETF Gains Nasdaq Certification, Trading to Begin Tomorrow

The first U.S. spot XRP ETF debuted on Nasdaq with a 0.50% fee, quickly amassing $248 million in assets by day two despite no initial inflows.

XRP

Fact Check
The evidence provided strongly and consistently supports the statement. A source with the highest authority, Nasdaq's own website, directly states that the 'Canary XRP ETF' could be listed 'either today or tomorrow'. This directly corroborates the core claims of the statement: the name of the ETF, the certification/listing on Nasdaq, and the immediate timeline for trading to begin. This is further reinforced by another high-authority source, Yahoo Finance, which reports on the ETF receiving 'automatic approval for a Nasdaq listing'. The remaining sources, while having lower authority scores, are all in complete agreement, creating a powerful consensus. They consistently mention the 'Canary XRP ETF', its approval for a Nasdaq listing via a Form 8-A filing with the SEC, and an imminent launch date. There are no contradictions or conflicting pieces of evidence among the ten sources provided. The collective weight and consistency of the information make the statement very likely to be true.
Summary

The Canary XRP ETF (XRPC), the first U.S. spot XRP fund, began trading on Nasdaq on Nov. 13, 2025 with a 0.50% fee. It saw no inflows on its first trading day but drew $243 million on the second day through cash and in-kind creations, bringing total assets under management to $248 million. Issued by Canary Capital, the ETF marks a notable entry into U.S. crypto investment products and adheres to SEC generic listing standards.

Terms & Concepts
  • Spot XRP ETF: An exchange-traded fund directly holding XRP, aiming to track its market price without using derivatives.
  • Assets Under Management (AUM): The total market value of assets an investment fund manages on behalf of its clients.