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.
Altcoins like Solana, XRP, and Cardano are showing weak performance with Bitcoin dominance remaining above 60%, indicating capital concentration in Bitcoin and select institutional favorites. The Altcoin Season Index is low, suggesting no broad altco...
Ripple's expanding partnerships with banks like Standard Chartered involve custody of its stablecoin RLUSD but do not create significant demand for the XRP token itself. Analyst Dana Love highlights that holding or using RLUSD does not require banks ...
Ripple Treasury introduced a new Always-On AI treasury platform that enables companies like American Airlines and Subway to manage cash continuously, even outside banking hours. The system uses AI to forecast cash positions and automatically convert ...
Ripple upgraded its corporate treasury platform, Ripple Treasury, by integrating an AI layer called GSmart to assist with forecasting, liquidity management, and risk assessment. The AI provides policy-backed recommendations that require human approva...
David Schwartz, former CTO of Ripple, highlighted in a recent interview that the XRP Ledger may be better suited than Ethereum or Solana for certain banking and payment applications due to its speed, low transaction costs, and growing institutional a...
