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XRP ETF Sees Net Assets Plummet Despite $82M Investment Influx

Guavy AI Editorial Team
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XRP
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Canary Capital's XRP ETF, also known as XRPC, experienced a significant decline in net assets despite receiving $82.4 million in capital-share transactions in the first half of 2026.

The fund's unaudited Form 10-Q filing showed that its net assets decreased from $322.8 million at December 31, 2025 to $241.2 million at June 30, 2026.

The $81.65 million decline in net assets can be attributed to the overwhelming effect of unrealized XRP depreciation, which accounted for $159.70 million of the $164.00 million decrease from operations.

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