Citing Coindesk, the first U.S. spot XRP ETF, XRPC, is set to launch at the U.S. market open on Thursday after Nasdaq certified the listing. The ETF, managed by Canary Capital, will custody XRP through Gemini Trust Company and BitGo Trust Company and use the CoinDesk XRP CCIXber benchmark for pricing. XRP surged 3.28% to $2.48 on Wednesday, outperforming the broader crypto market, as volume rose 30.81% above the seven-day average. On-chain analytics show over 21,000 new XRP wallets created in 48 hours, while whale wallets offloaded roughly 90 million tokens ahead of the launch.
XRP ETF XRPC to Launch on Nasdaq, XRP Rallies 3%
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