
The long-awaited moment for the XRP community has finally arrived. Canary Capital’s Spot XRP ETF, known as XRPC, is now listed on Robinhood and will begin trading at 9:30 AM ET (6:30 AM PT).
Ahead of the launch, Canary Capital shared details about the new product on social media. The XRPC ETF provides direct exposure to XRP, the native token of the XRP Ledger, a network built for fast, low-cost global payments. According to the firm, the ETF is designed to reflect network performance across payment and liquidity protocols and highlight XRP’s established role in cross-border value transfer.
Canary Capital stressed its belief that the XRP Ledger represents “a leading framework for global payments” with strong scalability and interoperability within distributed finance systems.
The launch follows months of anticipation within the crypto space. XRP now joins Bitcoin, HBAR Ethereum, and Solana as the next single-asset cryptocurrency to receive an ETF in the United States. Several more XRP ETFs are expected to follow soon, including filings from Bitwise, Franklin Templeton, and 21Shares.
Experts see this as a possible turning point for XRP adoption, especially among institutions seeking regulated exposure.
XRP price is currently trading at $2.45 and has slipped into the red zone. One analyst said that XRP is still forming a potential bullish setup. The price has found support between $1.75 and $2.17, but a strong move above the $2.69–$2.84 range is needed to confirm a clear breakout to the upside.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
While the broader crypto market has moved into the green zone, Pi Network is facing…
Ripple CEO Brad Garlinghouse shared a bullish outlook for the future of crypto during a…
Bitcoin (BTC) price's explosive rise through 2024 and early 2025 has led to one question…
The Ethereum ecosystem has set a new record for transactions per second. Combined activity across…
The cryptocurrency market is rallying today, with Bitcoin driving a broad comeback across major coins.…
The U.S. Securities and Exchange Commission (SEC) has halted ProShares’ plans to launch a new…