Canary XRP ETF
Canary XRP ETF (NASDAQ: XRPC) is an exchange-traded fund listed on NASDAQ, trading at $16.63 (about ₹1,597 a unit) as of 25 Sep 2026, 3:05 PM ET. It has an expense ratio of 0.5%. Indian residents can buy XRPC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$16.49
Today's high
$16.99
52 week low
$10.52
52 week high
$26.89
XRPC opened at $16.86, closed previously at $16.19, and has traded between $10.52 and $26.89 over the past 52 weeks.
About
The Canary XRP ETF (XRPC) is structured to provide investors with direct exposure to the price performance of XRP, a decentralized digital asset primarily utilized for real-time global payments and settlement via the XRP Ledger. All XRP tokens were initially created at its launch in 2012. The fund's Net Asset Value (NAV) is calculated using a benchmark supplied by CoinDesk Indices, which consolidates pricing data from prominent XRP trading platforms. The XRP held by the Trust is securely custodied by Gemini and BitGo, both of which are private custodians with insurance coverage from non-FDIC providers. Unlike conventional stocks or bonds, XRP ownership does not convey any claim to company profits or income; its ownership is simply recorded on a decentralized ledger. This ETF offers an efficient avenue for investors to access the market performance of XRP through their existing brokerage accounts, thereby avoiding the necessity of direct XRP ownership or confronting its inherent risks. The Trust operates without employing derivatives, loans, or leverage. The XRP Ledger utilizes a low-energy, consensus-based mechanism, distinct from energy-intensive mining, which facilitates swift and cost-effective international transactions.
Key statistics
Expense ratio
0.5%
Assets (AUM)
$378.0M
Holdings
—
NAV
$16.22
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 2 holdings
These 2 are 100.0% of the fund.
How to buy XRPC from India
Indian residents can buy XRPC units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search XRPC and buy
Find the fund by its ticker, XRPC, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in XRPC from India
Trading and taxes when buying XRPC from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the XRPC price today?
Canary XRP ETF (XRPC) last traded at $16.63 on NASDAQ, as of 25 Sep 2026, 3:05 PM ET. That is ₹1,597 a unit at the 24 Sep 2026 USD/INR rate.
When does XRPC trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is XRPC, and what does it cost to hold?
Canary XRP ETF manages about $378.0M. Its expense ratio is 0.5% a year, deducted inside the fund. It launched in 2025.
What are XRPC's largest holdings?
The top two are XRP (100.0%) and Cash & Other (0.0%). XRPC's 2 largest positions make up 100.0% of the fund.
How are gains on XRPC taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of XRPC?
Yes. You can buy XRPC by amount rather than by whole unit, and there is no minimum trade size.