XRPC ETF Debut Surges to $26 Million in 30 Minutes, Poised to Break First-Day Trading Volume Record

COINOTAG News, on November 13, reported that XRPC began trading with approximately $26 million in volume within the first 30 minutes, beating the earlier $17 million projection from Bloomberg ETF analyst Eric Balchunas. The initial intake signals robust demand and liquidity for the new ETF, as market participants monitor its intraday trajectory and price discovery.

Balchunas noted it is very likely to surpass the year’s record first-day volume of $57 million, set by BSOL, potentially making XRPC the ETF with the highest first-day trading activity among all new launches this year. Market participants will watch liquidity, spreads, and price discovery as the listing matures.