Canary ETFs See Significant Inflows Driven by Market Activity

Recent market activity has fueled substantial inflows into Canary’s exchange-traded funds (ETFs), as shown by data from SoSoValue. On November 19th, Eastern Time, the Canary XRP Spot ETF (XRPC) experienced a net inflow of $15.82 million, boosting its total assets to $269 million with an XRP asset ratio of 0.22%. The Canary HBAR Spot ETF (HBR) also saw notable inflows, recording a net inflow of $577,000, resulting in a total asset value of $58.1 million and an HBAR asset ratio of 0.96%. Lastly, the Canary LTC Spot ETF (LTCC) registered no new inflows and maintains a standing total asset value of $7.74 million alongside an LTC asset ratio of 0.11%.