Canary XRP ETF, listed on Nasdaq under the ticker XRPC, reported a sharp decline in net assets during the first half of 2026 despite continued inflows through capital share activity. According to an SEC filing dated Aug. 7, the fund’s net assets fell by $81.6 million to $241.2 million over the period. The filing said the ETF still recorded $82.36 million in net inflows from capital share activity, but that support was outweighed by $159.7 million in unrealized depreciation tied to XRP’s price decline. As of June 30, the fund’s XRP holdings had risen 31.7% to 231.3 million tokens. Even so, the ETF’s net asset value dropped 42.84% as XRP fell 43.27% over the same period. The filing also said authorized participants can create and redeem shares using either in-kind XRP or cash, indicating that the $82.36 million in capital share activity did not come entirely from retail cash subscriptions. The report was carried by Techub, citing crypto.news.

XRP spot exchange-traded funds recorded net inflows of $1.0127 million during the trading week of Aug. 3 to Aug. 7, Eastern Time, according to data from SoSoValue. The biggest weekly inflow went to Canary ETF XRPC, which brought in $1.1467 million and lifted its cumulative historical net inflow to $468 million. Franklin Templeton’s ETF XRPZ ranked second with $561,600 in weekly net inflows, bringing its historical total to $427 million. On the outflow side, Bitwise XRP ETF (XRP) saw the largest weekly net outflow at $695,600, though its cumulative historical net inflow still stood at $510 million. As of press time, total net assets across XRP spot ETFs were $953 million. The ETF net asset ratio, measuring ETF market value as a share of XRP’s total market capitalization, reached 1.49%. Historical cumulative net inflows for the category rose to $1.51 billion.

Data from SoSoValue showed that XRP spot exchange-traded funds recorded total net inflows of $1.1467 million on Aug. 3, U.S. Eastern Time. Canary XRP ETF (XRPC) was the only product to post positive flows that day, with net inflows matching the total at $1.1467 million. Its cumulative historical net inflows have now reached $468 million. As of press time, the total net asset value of XRP spot ETFs stood at $1.007 billion, while the XRP net asset ratio was 1.49%. Historical cumulative net inflows across XRP spot ETFs had reached $1.51 billion.

US-listed spot XRP ETFs logged their first daily net outflow, with $40.8 million leaving on Wednesday. Bitcoin and Ethereum ETFs also posted sizable redemptions the same day.

U.S. digital asset ETFs turned weaker in the first full trading week of 2026, with Bitcoin and Ether funds posting sizable redemptions while XRP and Solana spot ETFs continued to attract fresh capital.

Canary Capital Group launches the Canary XRP ETF (XRPC) on Nasdaq, offering spot exposure to XRP without self-custody. CEO Steven McClurg says XRP is key to bridging traditional finance and blockchain.

WisdomTree asked the SEC to withdraw its XRP ETF registration even as U.S. spot XRP funds drew more than $1.25 billion in cumulative net inflows and liquidity concentrated among early entrants.

Bitcoin ETFs recorded $186M in net inflows, led by BlackRock's IBIT alone at $291M. Ether ETFs extended to five consecutive days of inflows with $67.85M. XRP and Solana ETFs also posted gains.