The post Breaking: Canary Capital’s Spot XRP ETF Goes Live on Robinhood appeared first on Coinpedia Fintech News
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).
What the XRPC ETF Offers
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.
A Big Day for XRP and Digital Assets
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: What To Expect?
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.
Source: https://coinpedia.org/news/breaking-canary-capitals-spot-xrp-etf-goes-live-on-robinhood/