{"id":412879,"date":"2025-12-02T01:30:02","date_gmt":"2025-12-01T20:00:02","guid":{"rendered":"https:\/\/dripp.zone\/news\/canary-xrp-etf-eyes-400-mln-will-first-mover-advantage-boost-price-crypto-news\/"},"modified":"2025-12-02T01:52:48","modified_gmt":"2025-12-01T20:22:48","slug":"canary-xrp-etf-eyes-400-mln-will-first-mover-advantage-boost-price-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/canary-xrp-etf-eyes-400-mln-will-first-mover-advantage-boost-price-crypto-news\/","title":{"rendered":"Canary XRP ETF eyes $400 mln – Will ‘first mover advantage’ boost price? – Crypto News"},"content":{"rendered":"

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XRP has recorded strong institutional interest despite the broader market sentiment being weak.\u00a0<\/span><\/p>\n

One of the first asset managers to launch a spot XRP ETF in the U.S., Canary Capital, <\/span>stated<\/span><\/a> that its product, XRPC, has reached $336 million in net assets under management (AUM).\u00a0\u00a0<\/span><\/p>\n

The AUM exceeded that of the remaining spot ETFs combined, an update Steven McClurg, founder of Canary Capital, linked to rising investor demand. He added,\u00a0<\/span><\/p>\n

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\u201cWhat we\u2019re seeing with XRPC is more than early adoption; it\u2019s validation of where investor demand is heading. That\u2019s a clear signal that investors are choosing XRPC as a preferred vehicle for exposure to one of the most foundational digital assets.\u201d<\/span><\/p>\n<\/blockquote>\n

XRP ETFs eye $700M in net inflows<\/h2>\n

As of press time, there are four spot XRP ETFs that are already live in the U.S.: Grayscale\u2019s GXRP, Franklin Templeton\u2019s XRPZ, Bitwise\u2019s XRP, and Canary\u2019s product.\u00a0<\/span><\/p>\n

Since their debut in mid-November, the products have <\/span>attracted<\/span><\/a> nearly $700 million in cumulative inflows and not a single day of net outflows.\u00a0<\/span><\/p>\n