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.
Bitcoin surged above $65,000, gaining nearly 3% over the week, driven by a weak US jobs report that reduced concerns about further Federal Reserve rate hikes. Other major cryptocurrencies like ether, BNB, and Solana also posted gains, while XRP lagge...
XRP's price dropped about 5% last week to around $1.03, underperforming as bitcoin, ether, and solana rose and the overall crypto market grew 1.4%. Although XRP-focused ETFs saw net inflows for a fourth consecutive week, new investments slowed sharpl...
XRP is trading just above $1, struggling to break out due to a sharp decline in ETF inflows and ongoing uncertainty around U.S. crypto regulation. Institutional interest has waned, with ETF inflows dropping over 99% since May, as investors await clar...
The UK Treasury has involved Ripple in its Wholesale Digital Markets Taskforce to explore blockchain infrastructure for tokenising wholesale financial markets, focusing initially on the £33 billion repo market. This initiative aims to modernise marke...
XRP is currently near a critical liquidity zone just below the $1.00–$1.03 range, where most resting liquidity clusters in red indicate potential downward pressure. Analysts suggest XRP might drop another 10–15% to clear this liquidity, possibly test...
