Canary XRP ETF

Frequently Asked Questions About XRPC

What does XRPC invest in?

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.

What is the expense ratio of XRPC?

Canary XRP ETF (XRPC) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is XRPC?

Canary XRP ETF (XRPC) manages $272.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is XRPC actively managed or an index fund?

XRPC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was XRPC launched?

Canary XRP ETF (XRPC) launched in November 2025 and is managed by Canary.

How has XRPC performed?

XRPC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.