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Canary Capital¡¯s XRPC Tops All The U.S. Spot XRP ETFs Combined; HBR Launches First The U.S. Spot HBAR Exposure

Canary¡¯s expanding ETF suite surpasses $400M in combined assets amid accelerating institutional demand.
Date: 2025-12-27

BRENTWOOD, TENN. -- Canary Capital Group LLC (“Canary Capital”), a digital asset-focused investment firm, announced that its assets under management (AUM) in Canary XRP ETF (Nasdaq: XRPC) 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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