BRENTWOOD, Tenn.–(BUSINESS WIRE)–$HBR #ETF–Canary Capital Group LLC (“Canary Capital”), a digital asset-focused investment firm, announced strong early momentum across its family of spot digital asset exchange traded products highlighted by its record-setting launch for its Canary XRP ETF (Nasdaq: XRPC).
XRPC debuted with the highest first-day trading volume of any ETF launched in 2025 as of November 17th, 2025, reaching $59 million in volume, ending its first trading session with approximately $250 million in assets under management (AUM).
“The success of XRPC on day one, even during a down market, shows that there is insatiable demand from investors for simplified access to digital assets,” said Steven McClurg, CEO and Founder of Canary Capital. “I believe this demand is global. The traction we’re seeing across XRPC, HBR, LTCC and most recently SOLC, reinforces that we’re still at the beginning of a long-term adoption cycle.”
XRPC’s strong initial day builds on the successful launches of Canary’s other spot ETFs:
Together, these ETFs reflect Canary’s commitment to expanding investor access to digital asset networks that demonstrate the potential for real utility, scalability, and long-term viability.
“Our focus has always been to broaden the range of digital asset vehicles available in the U.S. market,” McClurg added. “We’re proud to lead the way in delivering investment options that reflect where the potential of blockchain technology is moving.”
Canary Capital is an investment management firm that blends rigorous risk management, strategic foresight, and innovative thinking to deliver private placement strategies, crypto hedge fund solutions, treasury management solutions, and publicly traded funds, with a focus on enterprise technology.
Disclosures
The Funds are not a commodity pool or an investment company registered under the Investment Company Act of 1940 (the “1940 Act”), and therefore are not subject to the same regulatory requirements as mutual funds or traditional ETFs registered under the 1940 Act.
The Fund’s investment objectives, risks, charges and expenses should be considered before investing. Each fund prospectus contains this and other important information. Read it carefully before investing.
XRPC Prospectus: https://etfs.canary.capital/XRPC/prospectus/
HBAR Prospectus: https://etfs.canary.capital/HBR/prospectus/
LTCC Prospectus: https://etfs.canary.capital/LTCC/prospectus/
SOLC Prospectus: https://etfs.canary.capital/SOLC/prospectus/
Investing Involves Significant Risk. The loss of principal is possible. The Canary Funds may not be suitable for all investors. Funds focusing on a single asset generally experience greater volatility. Please ask your financial advisor for more information about these risks. Digital assets, such as Litecoin, HBAR, XRP and SOL are a relatively new asset class, and the market for digital assets is subject to rapid changes and uncertainty. Digital assets are largely unregulated and digital asset investments may be more susceptible to fraud and manipulation than more regulated investments. For specific risks of each product, please visit each fund website.
The funds are new with a limited operating history.
The Funds Marketing Agent is Paralel Distributors LLC which is not affiliated with Canary Capital Group LLC or its affiliates.
