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XRPC NASDAQ Holds the asset itself

Canary XRP ETF

Issued by Canary. Traded since 13 Nov 2025 on NASDAQ. Every figure below is dated and sourced, and the wrapper is measured against the asset it holds.

XRP logoHolds XRP research file →
$14.55关闭, 08 Oct 2026
-3.13%On the day
$335.69M管理资产规模
0.50%Expense ratio, a year
end-of-day close Tiingo as of 08 Oct 2026
fund facts, as published Financial Modeling Prep observed 09 Oct 2026 11:52 UTC
What this is. A listed fund that holds the asset with a custodian and issues shares against it. You own shares in the fund, not the asset itself, and the fund charges its expense ratio every year on the whole position. In exchange the shares settle in an ordinary brokerage account.
01

价格

226 trading days on record
daily close, not adjusted Tiingo from 13 Nov 2025 to 08 Oct 2026
02

Against the asset it holds

Total return of the fund, distributions included, beside the change in the asset over exactly the same dates. The difference is what holding the wrapper cost or gained against holding the asset. Over a full year it should sit close to minus the expense ratio; anything further away has another cause.

Window从 XRPCXRPDifference
1 month 08 Sep 2026 -3.77% -2.66% -1.11 pp
3 months 09 Jul 2026 +24.79% +26.26% -1.47 pp
6 months 09 Apr 2026 +0.97% +2.65% -1.68 pp
Year to date 31 Dec 2025 -25.19% -24.99% -0.21 pp
Since first trade 13 Nov 2025 -40.74% -40.56% -0.19 pp
total return from the adjusted close; the asset at its daily close Tiingo · 日终价格历史 to 08 Oct 2026
XRPC, total returnXRP, price

Both lines start at 100 where the chosen range begins. A gap that opens between them is the cost, or gain, of holding the asset through the fund.

03

Trading

Average volume, 30 days Average volume, 30 days 347,863 shares $5.35M a day
Volatility, 90 days Volatility, 90 days 71.4% 由每日波动年化计算
Deepest fall since listing Deepest fall since listing -57.1% to 14 Aug 2026
From its highest close From its highest close -41.1% adjusted for distributions
Range over the last year of trading
$10.52 · 11 Aug 2026now $14.55$26.89 · 13 Nov 2025
end-of-day, last 21 and 63 trading days Tiingo to 08 Oct 2026
04

Fund facts

发行方Canary
What it holdsXRP
StructureHolds the asset itself (spot)
Listing exchangeNASDAQ
Fund inception12 Nov 2025
First trade on record13 Nov 2025
Expense ratio0.50% a year
管理资产规模$335.69M
Units of XRP held245.40M
Value of that holding$335.68M
Share of circulating XRP0.389%
Share of assets in all XRP products20.5%
ISINUS13723M1009
CUSIP13723M100
holdings as published by the fund Financial Modeling Prep observed 09 Oct 2026 08:59 UTC assets under management observed 09 Oct 2026 11:52 UTC

The issuer’s own page for this product, with its prospectus: canaryetfs.com ↗

05

Other products holding XRP

Every covered product with the same underlying asset, largest first. Within one asset the products differ mainly in fee, size and how closely they have followed it.

产品发行方费用 资产1年Against XRP
XRPBitwise XRP ETF Bitwise 0.34% $574.45M — —
XRPZFranklin XRP Trust - Franklin XRP ETF Franklin Templeton 0.19% $437.02M — —
XRPCCanary XRP ETF Canary 0.50% $335.69M — —
TOXR21shares XRP ETF 21Shares 0.30% $146.76M — —
GXRPGrayscale XRP Trust (XRP) Grayscale 0.35% $89.77M — —
XRPRETF Opportunities Trust - REX-Osprey XRP ETF REX Shares 0.75% $50.20M -53.66% -1.56 pp

A blank in the one-year columns means the product has traded for less than a year; it is not a zero.

06

In the issuer’s words

The Canary XRP ETF (XRPC) is structured to provide investors with direct exposure to the price performance of XRP, a decentralized digital asset primarily utilized for real-time global payments and settlement via the XRP Ledger. All XRP tokens were initially created at its launch in 2012. The fund's Net Asset Value (NAV) is calculated using a benchmark supplied by CoinDesk Indices, which consolidates pricing data from prominent XRP trading platforms. The XRP held by the Trust is securely custodied by Gemini and BitGo, both of which are private custodians with insurance coverage from non-FDIC providers. Unlike conventional stocks or bonds, XRP ownership does not convey any claim to company profits or income; its ownership is simply recorded on a decentralized ledger. This ETF offers an efficient avenue for investors to access the market performance of XRP through their existing brokerage accounts, thereby avoiding the necessity of direct XRP ownership or confronting its inherent risks. The Trust operates without employing derivatives, loans, or leverage. The XRP Ledger utilizes a low-energy, consensus-based mechanism, distinct from energy-intensive mining, which facilitates swift and cost-effective international transactions.

The fund’s own description, as published through Financial Modeling Prep. It is the issuer’s account, not ours.

07

What these figures cannot tell you

Whether the price was fair on the day

We do not publish a premium or discount to net asset value. Our source’s net asset value carries no date of its own, and comparing one day’s price with another day’s value invents a gap that is not there. The issuer publishes both every day.

What you would have earned

Returns here are the fund’s, before your broker’s costs, the spread you pay to trade, and any tax. Distributions are counted as reinvested on the day they were paid.

How safe the custody is

A fund’s asset sits with a custodian named in its prospectus. The figures say nothing about that arrangement; the prospectus does.

Anything about the asset itself

A fund that follows its asset closely inherits all of the asset’s risks. The research file for the asset is where those are measured.

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