Canary XRP ETF (XRPC) — ()
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Canary XRP ETF: A Clean, Spot-Based Approach To XRP Exposure
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Sentiment: Positive ()
XRPC provides direct spot exposure to XRP, avoiding futures roll costs, leverage decay, and structural drag common in other XRP exchange-traded products. Early asset growth positions XRPC as a leading …
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XRP ETF Inflows Hits $1 Billion in Under 4 Weeks—Fastest Since Ethereum: Can This Push Price to $3?
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Sentiment: Positive ()
XRP ETF inflws reached $1 billion in assets in under 4 weeks, making it the fastest-growing altcoin ETF since Ethereum launched in July 2024, outpacing Bitcoin and Ethereum's early phases. …
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XRP ETFs Hit $906M in 14 Days—Approaching $1B Faster Than Bitcoin or Ethereum: Can This Push XRP to $3?
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Sentiment: Positive ()
XRP's ( CRYPTO: XRP ) ETF surge has fundamentally changed how institutional investors view the asset.
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About Canary XRP ETF XRPC
XRPC seeks to provide direct exposure to the price of XRP, a decentralized digital asset designed for real-time payment and settlement via the XRP Ledger. All XRP tokens were created at launch in 2012. The calculation of the funds NAV is based on a benchmark provided by CoinDesk Indices, aggregating prices from major XRP trading platforms. XRP held by the Trust is stored at Gemini and BitGo, both private custodians insured by non-FDIC carriers. Unlike stocks or bonds, XRP ownership confers no company profits or income, and is only recorded on a decentralized ledger. The ETF advantage for investors is that they can access the market performance of XRP through their regular brokerage accounts, without needing to hold XRP directly or face related risks. The Trust does not use derivatives, loans, or leverage. The XRP Ledger uses a low-energy, consensus-based mechanism rather than mining, enabling fast, low-cost cross-border transactions.