The debut of the Canary Capital XRP exchange-traded fund (ETF) is signaling renewed demand for altcoins, after the fund posted the strongest first-day performance of the more than 900 ETFs launched in 2025. Canary Capital’s XRP (XRP) ETF closed its first day with $58 million in trading volume, marking the most successful ETF debut of 2025 among both crypto and traditional ETFs, said Bloomberg ETF analyst Eric Balchunas in a Thursday X post. The new fund garnered over $250 million in inflows during its first trading day, surpassing the recent…
Tag: Launch
First Spot XRP ETF Achieves Record Launch Amid 900 Competitors
Canary Capital’s XRP ETF made a historic debut on Thursday, surpassing its competitors by hitting $58 million in trading volume on its first day, setting a record for the most traded ETF launch this year. This milestone was lauded by Bloomberg expert Eric Balchunas on the social media platform X (formerly Twitter), underlining the remarkable success of the XRP ETF in the market. The launch of the first XRP ETF in the United States earlier today had a notable impact on the XRP price, propelling it towards the crucial $2.5…
50+ Gaming Influencers Launch Gallaxia, First Player-Owned Blockchain Gaming Studio
Key Notes The studio grants creators equity through Gallaxium Bars, linking them to revenue from all network games and entertainment products. Planet-X integrates phygital experiences where players earn digital assets and real-world rewards like signed NBA jerseys. The play-to-earn gaming sector has reached $4.8 billion in market value, with major projects posting weekly gains. More than 50 of the world’s biggest gaming influencers have joined forces to launch Gallaxia, the first player-owned gaming and entertainment studio. According to documents shared with CoinSpeaker, the project is designed to merge creator ownership,…
XRP Whales Are Ready for ETF Launch, Order Data Hints
Key Notes Canary Capital XRP ETF, XRPC, has now gone live for trading on the Nasdaq exchange. CryptoQuant pointed out that whales acted before the launch of the spot XRP ETF. The US government shutdown did not significantly impact the launch of Canary Capital’s XRP ETF. Blockchain analytics platform CryptoQuant has pointed out that whales were active before the launch of spot XRP Exchange Traded Funds (ETFs). The firm made this statement following Nasdaq’s move to list Canary Capital’s ETF that will track the price of XRP. Canary Capital XRP…
Bitwise Chainlink ETF Listed on DTCC, When Will It Launch?
Key Notes Bitwise’s spot Chainlink ETF has appeared on DTCC, a pre-trade market infrastructure platform. This is not an assurance that the US SEC will approve the fund. Grayscale has also filed an S-1 registration to list the spot Chainlink ETF. Bitwise’s spot Chainlink Exchange Traded Fund (ETF) has been listed on the Depository Trust and Clearing Corporation’s registry. This is usually a positive sign that the fund is gradually inching closer to its launch. At the same time, it is not a guarantee that the United States Securities and…
Canary Capital’s US Spot XRP ETF Could Launch Thursday
The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund. Bloomberg senior ETF analyst Eric Balchunas said on Tuesday that Canary had filed a Form 8A with the Securities and Exchange Commission on Monday night, which must be lodged before securities are offered on an exchange. Balchunas said the filing “points to launch tomorrow or Thursday” as Form 8A filings for Hedera (HBAR) ETFs saw those funds launch the next…
Intain Markets, FIS Launch Digital Liquidity Gateway on Avalanche for 2,000 US Banks
Key Notes Platform tokenizes individual loans as NFTs and uses stablecoins for automated settlement, eliminating manual reconciliation processes. Initial loan pools include commercial real estate and aviation finance assets being traded among institutional participants. AI-driven workflows verify asset details before minting tokens, with hundreds of millions expected in transactions by year-end. Intain Markets and FIS launched the Digital Liquidity Gateway on Avalanche on Monday, enabling roughly 2,000 regional and community banks across the US to buy, sell, and securitize loan portfolios through a decentralized marketplace, according to Avalanche. The platform…
Wirex to Launch Cardano Card Global Payments Solution
Emurgo, the investment arm of Cardano, partners with Wirex to issue the Cardano Card, bringing multi‑chain crypto spending to millions. At the Cardano Summit in Berlin, Emurgo announced a strategic partnership with Wirex to issue the Cardano Card, a multi‑chain crypto card integrated into the Wirex app and immediately visible to Wirex’s six million users […] Source CryptoX Portal
Standard Chartered and DCS to Launch DeCard in Singapore
Key Notes Standard Chartered partners with DCS to launch DeCard. The partnership begins in Singapore, with plans for expansion to other major markets. DeCard integrates fiat and crypto settlements using Standard Chartered’s API. Standard Chartered has announced a partnership with DCS Card Centre (DCS) to launch DeCard, a next-generation credit card that enables users to spend stablecoins in everyday transactions. The initiative begins in Singapore and will soon expand to other countries. Under the partnership, Standard Chartered will act as the principal banking partner for DeCard. Customers will be offered…
XRP ETFs Listed On DTCC Ahead Of Possible Launch
Excitement in the crypto community is growing over the potential launch of XRP funds, as the US Senate advances a deal aimed at ending the longest-ever government shutdown. The Senate reportedly reached a deal on a budget bill to end the government shutdown on Sunday, sending a bullish signal to numerous markets, including crypto. The XRP (XRP) community is anticipating multiple XRP exchange-traded funds (ETFs) to launch shortly, with several already appearing on the Depository Trust and Clearing Corporation (DTCC) website ahead of a possible launch this month. The price…