Key takeaways
- Canary Capital’s XRPC ETF has outstripped the size of all other spot XRP ETFs combined according to the company’s claim.
- XRPC is listed on the Nasdaq, providing regulated exposure to XRP through a traditional ETF.
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Canary Capital claims its XRPC ETF has grown larger than all other XRP ETFs combined, according to a new report. statement From an investment firm specializing in exchange-traded funds focused on cryptocurrencies.
Launched as one of the first XRP ETFs in the US, XRPC trades on the Nasdaq and provides regulated exposure to the XRP cryptocurrency through a traditional ETF structure. The fund enables simplified access to XRP’s blockchain features such as fast settlements and minimal fees.
Canary Capital has expanded its cryptocurrency ETF portfolio to include spot funds for assets such as XRP, HBAR, and Litecoin to facilitate mainstream institutional adoption. The company issued a press release highlighting XRPC’s first advantage in attracting investor interest over competing products.
The company positioned XRPC as showing strong investor demand compared to subsequent XRP ETF offerings in the current competitive landscape.
