PANews reported on November 13th that, according to Bloomberg terminal data, the Canary XRP ETF (XRPC) listed on November 13, 2025, with a trading volume of $26.03 million in the first 30 minutes, far exceeding industry expectations. Bloomberg analyst Eric Balchunas predicts that its first-day trading volume may surpass the $57 million record set by $BSOL this year, becoming one of the most actively traded ETFs on its first day of trading in 2025.
Matt Hougan commented, "The success or failure of an ETF does not depend on the widespread acceptance of the asset, but on whether it has staunch supporters. ETFs die from indifference, not controversy."


Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
