Canary XRP ETF reported 212.6 million XRP, valued at about $305 million, as its latest holdings update followed a quarterly SEC filing. The trust’s disclosures showed rising token holdings, spot-only exposure, and valuation pressure tied to XRP’s price action. Canary Capital Group published holdings for Canary XRP ETF showing continued accumulation of the digital asset.
The Canary XRP ETF’s growing holdings reflect rising institutional appetite for XRP-specific exposure, distinct from broader crypto baskets. With the SEC’s approval process for XRP ETFs now further along than it was a year ago, spot products like this one could attract significant inflows if XRP maintains its regulatory clarity advantage over other altcoins. Investors should note that spot-only exposure means returns track XRP’s price directly, with no leverage or derivatives overlay.
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