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Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitHTX Creation Challenge — Post and Win 1,500U 💥 Canary XRP ETF Reports 213 Million XRP Holdings Worth $305 Mi

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Canary XRP ETF Reports 213 Million XRP Holdings Worth $305 MillionCanary $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 returns beyond tracking the price of $XRP.”





Canary XRP ETF Reports 213 Million XRP Holdings Wo

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