Canary XRP ETF (XRPC) Dividend Yield, History & Forecast

Canary XRP ETF (XRPC) is an exchange-traded fund (ETF) listed on the NASDAQ Global Select. market capitalization is approximately $246M.

XRPC fund composition

It charges an expense ratio of 0.50%, and manages $272.2M.

XRPC runs a derivative strategy and reports no conventional equity constituents, so there is no holdings breakdown to show. Its exposure comes from options positions rather than shares in underlying companies.

Frequently Asked Questions about Canary XRP ETF (XRPC)

What does Canary XRP ETF invest in?
The Canary XRP ETF (XRPC) is structured to provide investors with direct exposure to the price performance of XRP, a decentralized digital asset primarily utilized for real-time global payments and settlement via the XRP Ledger. All XRP tokens were initially created at its launch in 2012. The fund's Net Asset Value (NAV) is calculated using a benchmark supplied by CoinDesk Indices, which consolidates pricing data from prominent XRP trading platforms. The XRP held by the Trust is securely custodied by Gemini and BitGo, both of which are private custodians with insurance coverage from non-FDIC...