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Home»Altcoins»Bloomberg analyst predicts massive $17 million trade on day one
Altcoins

Bloomberg analyst predicts massive $17 million trade on day one

2025-11-13No Comments2 Mins Read
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XRP ETF ApprovalXRP ETF Approval

Nov 13, 2025 2:39:02 PM UTC

Canary Capital Unveils XRPC, the First US Spot XRP ETF

Canary Capital has launched XRPC, its Spot XRP ETF, which offers investors exposure to the native XRP token. The fund aims to track the performance of the XRP Ledger through global payment and liquidity protocols.

Canary said XRPC is built for speed, efficiency and scalability, backed by the real-world use of XRP in cross-border transfers. The company called the XRP Ledger a leading framework for global payments with low-cost, near-instantaneous transactions and increasing corporate adoption.

Read more: Breaking: Canary Capital’s Spot XRP ETF goes live on Robinhood

Nov 13, 2025 2:34:15 PM UTC

Bloomberg’s James Seyffart predicts first-day volume of $34 million for XRP ETF

Bloomberg analyst James Seyffart expects strong demand for the newly launched Canary Capital Spot XRP ETF ($XRPC). In a post on $34 million in trading volume on day one, while the ETF begins trading today.

Nov 13, 2025 2:27:46 PM UTC

XRP ETF Launches Today, Bloomberg Analyst Predicts $17 Million in First Day Volume

Canary Capital’s first US spot XRP ETF goes live today, opening a new chapter for XRP investors. Bloomberg’s Eric Balchunas predicted trading volume of $17 million on the first day, sparking community excitement.

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