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Canary XRP ETF just filed its Q2 10Q. The numbers tell a story most people will scroll past. XRP price fell 43% in H1 2026. Based on the fund's own fair value marks, that's roughly $1.84 → $1.04. You'd expect an ETF to bleed shares in that environment. This one didn't: XRP held: 175.6M → 231.3M (+31.7%) Shares outstanding: 16.49M → 21.77M (+32%) Fair value: $322.9M → $241.3M (down, but only because price fell not redemptions) NAV/share: $19.58 → $11.08 Shares outstanding only rise when authoriz
XRP
XRP+4.78%
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