XRP ETF Launch: New ETF, Surging Wallets, Price Surge
Update: 2025-11-13
Description
On November 13th, a major milestone for XRP: Canary Capitals XRPC ETF launches, marking the first US-listed fund for XRP. Priced by CoinDesk XRP benchmark, this ETF, secured by Gemini and BitGo, could attract large institutional investors. XRP sees surge in wallet creation, but whales sell off 90M tokens. Price surges 3% to $2.48, breaking resistance, with trading volume up 30% above average, indicating institutional interest. Despite some profit-taking, XRP maintains above $2.40, showing strong buying interest.
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