Canary’s expanding ETF suite surpasses $400M in combined assets amid accelerating institutional demand
Canary Capital Group LLC, a digital asset–focused investment firm, announced that its assets under management in the Canary XRP ETF is greater than all other U.S.-listed spot XRP ETFs combined.1 Totaling more than $336 million in AUM since its launch, XRPC leads the market as the largest spot XRP ETF in the United States as of 11/26/25.
The fund’s debut earlier this month was marked by a record-setting $59 million in day-one trading volume, the highest first-day volume of any ETF launched in 2025.2
“What we’re seeing with XRPC is more than early adoption, it’s validation of where investor demand is heading,” said Steven McClurg, CEO and Founder of Canary Capital. “That’s a clear signal that investors are choosing XRPC as a preferred vehicle for exposure to one of the most foundational digital assets.”
XRPC holds XRP, the native token of the XRP Ledger, a decentralized network used globally for real-time value transfer, asset tokenization, and settlement infrastructure.
As part of Canary Capital’s broader mission to expand access to blockchain-powered investment opportunities, the firm also launched Canary HBAR ETF (Nasdaq: HBR) earlier this quarter. HBR is the first and only U.S.-listed ETF providing spot exposure to HBAR, the native token of the Hedera network. With over $65 million in assets, HBR offers investors access to a high-throughput, energy-efficient platform designed for real-world enterprise applications.
Canary’s expanding suite of digital asset ETFs reflects its commitment to building forward-looking investment vehicles that combine market access with real utility and institutional rigor in emerging markets.
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