Brentwood, United States, November thirteenth, 2025, Chainwire
Canary Capital Group LLC (“Canary Capital”), a digital asset–targeted 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 likely one of the most established and broadly used digital property on this planet, accessibility to XRP by an ETF will allow the subsequent wave of adoption and progress in a important blockchain system,” says Steven McClurg, CEO of Canary Capital.[1]
Because the digital asset market evolves past Bitcoin, traders are more and more trying to tokens with real-world use instances and institutional adoption. XRP powers the XRP Ledger (XRPL), a worldwide fee and settlement community designed to maneuver worth rapidly and effectively. The XRP Ledger was created to make transferring cash as straightforward as sending an e mail, settling transactions in only 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 goal is sensible: to assist establishments and people transfer funds throughout borders, tokenize property, and energy next-generation monetary functions. The community can deal with hundreds of transactions per second, consumes little or no vitality, and has been operating reliably since 2012.
With rising institutional adoption and renewed regulatory readability, XRP is more and more acknowledged as one of the vital established and scalable digital property out there, positioned on the intersection of conventional finance and blockchain innovation. XRPC provides traders publicity to XRP with out the complexities of self-custody or change administration.
“We consider XRP will play a key function within the evolution of our world 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 traders to take part within the prospects of that evolution.”
To study extra about XRPC click on right here.
About Canary Capital
Canary Capital is an funding administration agency that blends rigorous danger administration, strategic foresight, and modern pondering to ship personal placement methods, crypto hedge fund options, treasury administration options, and publicly traded funds, with a concentrate on enterprise expertise.
Contacts
Media
Trevor Davis
Gregory FCA for Canary Capital
215-475-5931
Investor Relations
Amber Reedy
Canary Capital
Disclosures:
The Fund isn’t a registered commodity pool or an funding firm registered beneath the Funding Firm Act of 1940. Shares of the Fund usually are not topic to the identical regulatory necessities as mutual funds.
These investments usually are not appropriate for all traders. Funds specializing in a single asset usually expertise better volatility. Please ask your monetary advisor for extra details about these dangers. Digital property, resembling XRP, are a comparatively new asset class, and the marketplace for digital property is topic to speedy adjustments and uncertainty. Digital property are largely unregulated and digital asset investments could also be extra vulnerable to fraud and manipulation than extra regulated investments.
Investing Entails Vital Danger. The lack of principal is feasible. Canary XRP ETF (the “Fund”) is probably not appropriate for all traders. This doc doesn’t represent a advice of any funding technique or product for a specific investor. Buyers ought to seek the advice of a monetary advisor/monetary advisor earlier than making any funding choices.
The Fund’s funding aims, dangers, expenses and bills must 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/. Learn it rigorously earlier than investing.
The Fund isn’t 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 isn’t a direct funding in XRP. Buyers is not going to have any rights that XRP holders have and won’t have the correct to obtain any redemption proceeds in XRP. Shares of the Fund are usually purchased and offered at market worth (not NAV) and usually are not individually redeemed from the Fund. Solely Licensed Contributors might commerce immediately with the Fund and solely massive blocks of Shares referred to as “creation items.” Your brokerage commissions will scale back returns.
The Fund’s Advertising and marketing Agent is Paralel Distributors LLC which isn’t affiliated with Canary Capital Group LLC or its associates.
CNRY33
[1] Supply: https://coinmarketcap.com/currencies/xrp/
Contact
Investor Relations
Amber Reedy
Canary Capital Group Inc.
[email protected]