TLDR
- Canary Capital’s XRP ETF (XRPC) surpasses all other U.S.-listed spot XRP ETFs combined in AUM.
- XRPC reaches over $336 million in assets under management as of November 26, 2025.
- The fund achieved a record-setting $59 million in day-one trading volume, the highest for any ETF launched in 2025.
- XRPC offers investors exposure to XRP, the native token of the XRP Ledger, through a regulated ETF.
- Canary Capital expands its digital asset ETF offerings, following the launch of the HBAR ETF (HBR).
Canary Capital Group LLC (“Canary Capital”) has announced that its Canary XRP ETF (Nasdaq: XRPC) has surpassed the assets under management (AUM) of all other U.S.-listed spot XRP ETFs combined. As of November 26, 2025, the fund’s AUM exceeds $336 million, making it the largest spot XRP ETF in the United States. This marks a key milestone for Canary Capital’s digital asset-focused investment strategy.
Canary XRP ETF Surpasses Expectations, Leads Market
The launch of Canary XRP ETF has been a success since its debut, surpassing all expectations. The fund reached over $336 million in AUM, establishing itself as the dominant player in the XRP ETF market. As of November 2025, XRPC leads the U.S. market in both size and influence.
“We’re seeing more than early adoption, it’s clear validation of investor demand,” said Steven McClurg, CEO and Founder of Canary Capital. “Investors are choosing XRPC as their preferred vehicle for exposure to XRP, one of the most foundational digital assets.”
XRPC holds XRP, the native token of the XRP Ledger, a decentralized platform used globally for real-time value transfer and asset tokenization. Investors can now gain access to XRP without directly holding the token.
Record-Breaking Trading Volume for XRPC
The launch of Canary XRP ETF set a new record with $59 million in day-one trading volume. This high first-day trading volume marked the highest ever for any ETF launched in 2025. The strong demand indicates substantial interest from investors looking to gain exposure to XRP through a regulated investment vehicle.
“This record-breaking volume on day one shows the high level of demand for this digital asset,” McClurg added. “XRPC is paving the way for how digital assets will be accessed by institutional and retail investors alike.”
Canary Capital’s strategy for XRPC aligns with its broader mission of expanding access to blockchain-based investments. The firm continues to lead in innovation with its digital asset ETFs, reinforcing its commitment to bringing real utility and institutional rigor to emerging markets.
