A $1,000 investment in the Canary XRP ETF (NASDAQ: XRPC), the first U.S. spot XRP exchange-traded fund (ETF), is now worth about $471, reflecting a lack of greater than 50% because the fund launched on November 13, 2025.
The decline comes regardless of a historic debut that noticed the fund appeal to practically $250 million in inflows and generate $58 million in buying and selling quantity on its first day, making it the strongest ETF launch of 2025.
Traders who purchased XRPC at its launch value of $24.55 per share would have acquired roughly 40.73 shares. With the ETF closing at $11.57 on Friday, the worth of that holding has fallen to roughly $471.
After debuting above $24 per share, XRPC entered a protracted downtrend that at one level pushed losses past 56% from its launch degree. On this line, whereas spot cryptocurrency ETFs simplify entry to digital belongings, they don’t scale back the volatility related to the underlying tokens.
The ETF was launched to offer regulated publicity to XRP by holding the cryptocurrency instantly in custody.Â
Impression of XRP ETF launchÂ
Its arrival marked a serious milestone for each XRP and the broader digital asset sector, opening the door for conventional buyers to entry the token with out utilizing crypto exchanges or managing non-public wallets.
The success of the launch was rapidly adopted by competing merchandise from issuers together with Bitwise, Grayscale, Franklin Templeton, and 21Shares, reflecting rising institutional curiosity in XRP-linked funding merchandise.
Nonetheless, the fund’s efficiency has tracked XRP’s extended weak point. Since late 2025, the cryptocurrency has come beneath strain from broader market uncertainty, weaker danger urge for food, and post-launch profit-taking following the ETF-driven rally.
Regardless of the drawdown, XRPC continues to function as a direct XRP funding car with a 0.50% annual expense ratio and a construction designed to trace the token’s market value carefully.
Whether or not the fund can get well will largely depend upon XRP’s future value efficiency, regulatory developments, and the tempo of adoption of Ripple’s cost technology.
