Canary XRP ETF Reports 213 Million XRP Holdings Worth $305 Million
Canary $XRP ETF reported 212.6 million $XRP, valued at about $305 million, as its latest holdings update followed a quarterly SEC filing. The trust‘s disclosures showed rising token holdings, spot-only exposure, and valuation pressure tied to $XRP’s price action. Key Takeaways:Canary Capital reported 212.6 million $XRP in its latest ETF holdings update.Quarter-end assets rose in token terms, but valuation fell after $XRP weakened.Further exposure depends on basket activity, custody arrangements, and $XRP price moves. Canary $XRP ETF Reports Expanded Holdings Canary Capital Group published holdings for Canary $XRP ETF showing 212.6 million $XRP, valued at about $305 million, in its latest reporting on May 16. The update followed the trust‘s quarterly Form 10-Q, filed with the U.S. Securities and Exchange Commission (SEC) for the quarter ended March 31. The filing detailed the exchange-traded fund (ETF)’s holdings, expenses, operations, and financial condition. Quarter-end disclosures showed the trust held 197.2 million $XRP on March 31, up from 175.6 million on Dec. 31. That balance was valued at $264.9 million, down from $323 million, as $XRP‘s price decline outweighed the higher token count. The filing classified $XRP as the trust’s only investment. The filing states: “The trust is a passive investment vehicle that does not seek to generate








