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Key Takeaways
- First spot XRP ETF started trading in the US, increasing institutional access to XRP.
- Canary Capital’s XRP ETF is listed on Nasdaq, allowing traditional investors direct exposure to XRP’s price.
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The first spot XRP ETF began trading in the US today, marking a significant milestone for institutional access to the digital asset designed for fast and low-cost international payments.
Canary Capital’s spot XRP ETF received listing approval to trade on the Nasdaq exchange on Wednesday, providing investors with direct exposure to XRP’s current market price through traditional stock exchanges.
The ETF’s debut follows a period of regulatory clarity that enabled spot-based crypto investment vehicles to operate within established financial frameworks, representing another step in integrating digital assets into regulated US markets.
