Canary Capital’s XRP ETF ended June 2026 with $241.2 million in assets, down $81.6 million from December 2025 despite $82.4 million net capital share inflows. The fund’s XRP holdings rose 31.7% to 231.3 million tokens, but the sharp 43.27% drop in XRP price caused a $159.7 million unrealized loss, outweighing inflows and resulting in a 42.84% NAV decline. The ETF created more shares than redeemed, but falling XRP valuations led to a significant net asset decrease. As of early August, the fund’s net assets and NAV continued to decline, highlighting ongoing price pressure on XRP despite investor interest.
A leaked document highlights Ripple's XRP as a crucial liquidity provider for traditional banks, especially in cross-border transactions. XRP's On-Demand Liquidity (ODL) technology offers banks near-instant access to liquidity, reducing reliance on t...
XRP has surged past the $1.50 mark after five weeks of consolidation, briefly reaching $1.57 before stabilizing around $1.51–$1.54. This breakout is supported by strong trading volume and shifts focus to the next resistance level at $1.55–$1.56. A we...
XRP has broken above a descending trendline and the $1.50 resistance level, signaling a potential bullish move. The price is currently holding around $1.57, supported by a flattening 200 EMA and strong buying from large holders. The next target is $1...
A recent analysis of XRP ownership reveals that Ripple Labs-linked accounts control nearly 40% of the total supply, with major exchanges like Upbit (6.41%), Coinbase (5.81%), and Binance (2.75%) holding significant portions. This concentration unders...
XRP has surged past the $1.50 mark, driven by a 663% increase in XRP inflows on Binance, the world's largest crypto exchange. Despite this spike in deposits, the total XRP reserves on Binance remain stable, indicating strong buying activity absorbing...
