Canary XRP ETF (XRPC US)
XRPC US$14.16
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 14.16
- Change
- ▲ 0.12 (0.85)
- Bid / Ask
- 14.10 - 14.14
- Volume
- 13,809
- Turnover
- 144,258
- Open
- 13.95
- Day Range
- 13.88 - 14.16
- VWAP
- 13.97
- Prev Close
- 14.04
- Last Trade
- 28/10 3:59pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$317.0M
OCT 2026
Distributions
Annually
Since inception
1.0 yrs
NOV 2025
- Legal name
- Canary XRP ETF
- Issuer
- Canary Capital Group LLC
- Type
- Exchange-Traded Fund
- Structure
- Grantor Trust
- Management style
- Index fund
- Morningstar category
- Digital Assets
- Category index
- USTREAS T-Bill Auction Ave 3 Mon
- Benchmark
- XRP-USD CCIXber Reference Rate USD
- ETF net assets
- $317.0M
- Units on issue
- 23.0M
- Management fee
- 0.50% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 12 NOV 2025
- Listed
- 13 NOV 2025
Objective and strategy
The investment seeks to track the performance of XRP, as measured by the Pricing Benchmark, adjusted for the Trust’s expenses and other liabilities. The Trust intends to provide direct exposure to the value of XRP held by the Trust with Gemini Trust Company, LLC (the “Gemini Custodian”) and BitGo Trust Company, Inc. The Gemini Custodian is a New York limited purpose trust company regulated by the New York Department of Financial Services that provides custody services for digital assets.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity 0.00%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 0.00 | 0.00 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | 0.00 | 0.00 | 0.00 |
| Other | 100.00 | 100.00 | 0.00 |
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Assets in top 10
- 100.00%
Top holdings · top 10 = 100.00% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Xrp | 100.00 | — | 372.5M | USD | 24.98B | — | — | |
| US DOLLARS | 0.00 | — | 8,027 | USD | 8,027 | — | — | |
| OTHER ASSETS AND LIABILITIES | 0.00 | — | -8,000 | USD | 8,000 | — | — |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
7.4
3M
43.1
6M
10.9
YTD
-18.3
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | 7.39 | 6.92 | — | 44 / 159 |
| 3 months | 43.07 | 42.33 | — | 44 / 154 |
| 6 months | 10.86 | 10.28 | — | 65 / 141 |
| Year to date | -18.27 | -18.92 | — | 84 / 125 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.50% p.a.
- PDS dated
- 8 OCT 2024
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
- Category average
- 2.90%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Steven McClurg
- Drew Hill
- Starr Frohlich
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 3
- Average tenure
- 0.9 years
- Longest tenure
- 0.9 years
- Longest serving
- Steven McClurg, Drew Hill, Starr Frohlich · since 12 NOV 2025
- Most recent appointment
- Steven McClurg, Drew Hill, Starr Frohlich · since 12 NOV 2025
- Managed since
- 12 NOV 2025
- Other funds managed
- 11
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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