Canary Capital Launches Spot XRP ETF (XRPC), Delivering Simplified Access to a Foundational Blockchain Asset
[PRESS RELEASE – Brentwood, United States, November 13th, 2025]
Canary Capital Group LLC (“Canary Capital”), a digital asset–centered funding agency, at the moment introduced the launch of the Canary XRP ETF (NASDAQ: XRPC), a U.S. exchange-traded product offering spot publicity to XRP, the native token of the XRP Ledger.
“XRP is without doubt one of the most established and broadly used digital belongings on this planet, accessibility to XRP by means of an ETF will allow the subsequent wave of adoption and development in a essential blockchain system,” says Steven McClurg, CEO of Canary Capital.[1]
As the digital asset market evolves past Bitcoin, buyers are more and more trying to tokens with real-world use instances and institutional adoption. XRP powers the XRP Ledger (XRPL), a international cost and settlement community designed to transfer worth rapidly and effectively. The XRP Ledger was created to make transferring cash as simple as sending an e-mail, settling transactions in simply a few seconds, with minimal charges, and with out the delays or prices of conventional banking methods.
XRP isn’t designed primarily as a speculative retailer of worth. Its function is sensible: to assist establishments and people transfer funds throughout borders, tokenize belongings, and energy next-generation monetary functions. The community can deal with 1000’s of transactions per second, consumes little or no power, and has been working reliably since 2012.
With rising institutional adoption and renewed regulatory readability, XRP is more and more acknowledged as some of the established and scalable digital belongings out there, positioned on the intersection of conventional finance and blockchain innovation. XRPC provides buyers publicity to XRP with out the complexities of self-custody or alternate administration.
“We imagine XRP will play a key function within the evolution of our international monetary system,” added McClurg. “It’s a bridge between conventional finance and the blockchain economic system, constructed for scale, and actual enterprise utility. XRPC permits buyers to take part within the prospects of that evolution.”
To study extra about XRPC click here.
About Canary Capital
Canary Capital is an funding administration agency that blends rigorous threat administration, strategic foresight, and revolutionary considering to ship personal placement methods, crypto hedge fund options, treasury administration options, and publicly traded funds, with a concentrate on enterprise know-how.
Contacts
Media
Trevor Davis
Gregory FCA for Canary Capital
215-475-5931
trevor@gregoryfca.com
Investor Relations
Amber Reedy
Canary Capital
Disclosures:
The Fund will not be a registered commodity pool or an funding firm registered underneath the Investment Company Act of 1940. Shares of the Fund are usually not topic to the identical regulatory necessities as mutual funds.
These investments are usually not appropriate for all buyers. Funds specializing in a single asset typically expertise larger volatility. Please ask your monetary advisor for extra details about these dangers. Digital belongings, equivalent to XRP, are a comparatively new asset class, and the marketplace for digital belongings is topic to fast adjustments and uncertainty. Digital belongings are largely unregulated and digital asset investments could also be extra inclined to fraud and manipulation than extra regulated investments.
Investing Involves Significant Risk. The lack of principal is feasible. Canary XRP ETF (the “Fund”) might not be appropriate for all buyers. This doc doesn’t represent a advice of any funding technique or product for a specific investor. Investors ought to seek the advice of a monetary advisor/monetary guide earlier than making any funding choices.
The Fund’s funding targets, dangers, expenses and bills ought to be thought-about earlier than investing. The prospectus comprises this and different essential data, and it could be obtained at https://etfs.canary.capital/XRPC/prospectus/. Read it rigorously earlier than investing.
The Fund will not be actively managed and won’t take any actions to take benefit, or mitigate the impacts, of volatility within the worth of XRP. An funding within the Fund will not be a direct funding in XRP. Investors is not going to have any rights that XRP holders have and won’t have the best to obtain any redemption proceeds in XRP. Shares of the Fund are typically purchased and offered at market worth (not NAV) and are usually not individually redeemed from the Fund. Only Authorized Participants could commerce straight with the Fund and solely massive blocks of Shares known as “creation items.” Your brokerage commissions will cut back returns.
The Fund’s Marketing Agent is Paralel Distributors LLC which isn’t affiliated with Canary Capital Group LLC or its associates.
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[1] Source: https://coinmarketcap.com/currencies/xrp/
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