Canary’s XRP ETF Sees Investors Clip Their Wings as Outflows Bite
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Canary XRP ETF’s XRPC recorded net outflows of $1.29 million on April 2, 2026, a modest but notable retreat for the fund. With assets under management of $264.38 million, the latest move represents about 0.49% of AUM, suggesting a measured bout of profit-taking or risk reduction rather than a wholesale exit.
The related asset, XRP-USD, is currently trading at $1.3382 after a bruising three months in which it has fallen roughly 34.54%. Despite the slide, the 1-day technical signal sits at a cautious Hold, indicating traders are not yet convinced that either a clear rebound or further breakdown is imminent.
The combination of ETF outflows and a weak three-month price performance underscores how sentiment around XRP has cooled after earlier enthusiasm. Still, the relatively small percentage of AUM affected hints that core investors in Canary’s product are staying put, watching for macro cues and regulatory developments that could shape the next leg for XRP-linked strategies.
For a more detailed analysis and real-time sentiment trends, check the live cryptocurrency prices here.