U.S. spot XRP ETFs debuted with $21.81 million in institutional purchases, highlighting strong demand. Canary Capital and Bitwise spearheaded the launch, allowing ETF clients to acquire XRP in November 2025. This influx of institutional investment has boosted XRP's trading activity and liquidity, indicating a positive market shift amid crypto volatility. The ETFs have positioned XRP as a viable investment option in traditional markets, significantly increasing trading volume. Bloomberg's Eric Balchunas reported $58 million in day-one volume for the XRPC ETF, marking the highest of any ETF launch this year. Institutional interest from hedge funds and pensions is rising, with regulatory implications under scrutiny.