# Canary XRP ETF (XRPC): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/xrpc for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Canary · Asset class: Alternatives - Strategy: — · Inception: 2025-11-12 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-FDI... ## Key Facts | Metric | Value | |---|---| | Price | $13.22 | | Expense Ratio | 0.50% | | Assets Under Management | $312.3M | | NAV | $13.60 (2026-10-29 close) | | Holdings Count | 0 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $10.52 – $26.89 | | Beta | 0.78 | ## Frequently Asked Questions ### What does XRPC invest in? 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. ### 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 $312.3M 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. ### Does XRPC pay a dividend? Canary XRP ETF (XRPC) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does XRPC pay dividends? Canary XRP ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is XRPC's dividend yield? XRPC's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is XRPC's next ex-dividend date? XRPC hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will XRPC's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does XRPC charge its expense ratio? The expense ratio is deducted in tiny daily slices from XRPC's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does XRPC cost more than a fund like VOO? XRPC's strategy (current expense ratio 0.50%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where XRPC sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to XRPC? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as XRPC (0.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/xrpc - Distribution history: https://www.dividenddata.com/funds/xrpc/dividend - Holdings & diversification: https://www.dividenddata.com/funds/xrpc/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/xrpc/expenses - Peer comparison: https://www.dividenddata.com/funds/xrpc/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.