First U.S. Spot XRP ETF Launches on Nasdaq Today as Seven More Funds Line Up
Canary Capital’s spot XRP ETF, trading as XRPC, began trading on the Nasdaq Thursday, marking the first U.S. spot XRP ETF. The fund holds physical XRP tokens and charges a 0.50% annual fee. Rival XRP ETFs are expected to launch within days. Nasdaq certified the listing after Canary filed S-1 and 8-A forms under the Securities Act of 1933.