Canary XRP ETFCanary XRP ETFCanary XRP ETF

Canary XRP ETF

No trades

Key stats


Assets under management (AUM)
‪352.34 M‬USD
Fund flows (1Y)
‪374.81 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
0.09%
Shares outstanding
‪15.87 M‬
Expense ratio
0.50%

About Canary XRP ETF


Issuer
Canary Capital Group, Inc.
Brand
Canary
Inception date
Nov 13, 2025
Structure
Open-Ended Fund
Index tracked
XRP/USD Exchange Rate - Benchmark Price Return
Replication method
Physical
Management style
Passive
Distribution tax treatment
No distributions
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Canary Capital Group, Inc.
Distributor
Paralel Distributors LLC
ISIN
US13723M1009
XRPC seeks to provide direct exposure to the price of XRP, a decentralized digital asset designed for real-time payment and settlement via the XRP Ledger. All XRP tokens were created at launch in 2012. The calculation of the funds NAV is based on a benchmark provided by CoinDesk Indices, aggregating prices from major XRP trading platforms. XRP held by the Trust is stored at Gemini and BitGo, both private custodians insured by non-FDIC carriers. Unlike stocks or bonds, XRP ownership confers no company profits or income, and is only recorded on a decentralized ledger. The ETF advantage for investors is that they can access the market performance of XRP through their regular brokerage accounts, without needing to hold XRP directly or face related risks. The Trust does not use derivatives, loans, or leverage. The XRP Ledger uses a low-energy, consensus-based mechanism rather than mining, enabling fast, low-cost cross-border transactions.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Ripple, short USD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 8, 2025
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


XRPC assets under management is ‪352.34 M‬ USD. It's risen ‪6.61 K‬% over the last month.
XRPC fund flows account for ‪374.81 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, XRPC doesn't pay dividends to its holders.
XRPC shares are issued by Canary Capital Group, Inc. under the brand Canary. The ETF was launched on Nov 13, 2025, and its management style is Passive.
XRPC expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
XRPC follows the XRP/USD Exchange Rate - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XRPC invests in cash.
XRPC trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.