finbold.com
1 h
A $1,000 investment in the first United States spot exchange-traded fund (ETF), Canary Capital’s Canary $XRP ETF (NASDAQ: XRPC), has decreased by 28.75% so far in 2026.
A $1,000 capital commitment to XRPC at the start of this year was worth $712.5 on October 13, 2026. Essentially, a $1,000 exposure to XRPC on January 1 has declined by $287.5 as of Tuesday.
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The Canary $XRP ETF opened this year trading at $20.24, but has since capitulated to $14.42 at the time of writing.
Since its inception, this fund has accumulated 245,385,599.76 $XRP, as per data Finbold fetched from the official website, valued at approximately $333,724,415.6 at the time of reporting.
As such, every investor who purchased XRPC at the beginning of this year has lost nearly a third of the initial investment. However, these losses have eased over the past three months, as this $XRP ETF has climbed nearly 28%.
At press time, $XRP price has plummeted by over 26% YTD, trading at $1.36. During the last 2 months, the crypto asset rallied nearly 39%, amid the broader cryptocurrency rebound.
The token has seen its market capitalization plunge to around $86.6 billion at the time of publication. Over the past 24 hours, the token’s daily trading volume soared by more than 47%, hovering at around $2.69 billion, as per metrics Finbold fetched from CoinMarketCap.
In substance, $XRP’s YTD freefall has significantly influenced XRPC’s selling pressure. Consequently, a $1,000 investment in XRPC at the beginning of this year has dropped to $712.5 on Tuesday amid the $XRP price selloff.
Featured image via Shutterstock
