Canary Capital
6 spot crypto ETFs · SOL, XRP, HBAR, LTC, SUI, TRX · founded 2024
On Fri 16 Oct Canary Capital’s funds saw net outflows of −$3.0M — HBR −$0.6M, XRPC −$2.5M, LTCC, SOLC, TRXS, SUIS flat. That is 2% of the whole market’s −$166.9M.
Crypto-focused asset manager founded by Steven McClurg, filing for a range of single-asset crypto ETFs including Bitcoin, XRP, Solana and Litecoin.
Canary Capital ETFs by flow
Sorted by flow on Fri 16 Oct · a ticker opens the fund, an asset its flows page
| Fund | Flow · Fri 16 Oct | Cumulative |
|---|---|---|
 LTCCCanary Litecoin ETF | 0 | +$16.6M |
 SOLCCanary Marinade Solana ETF | 0 | +$1.7M |
 TRXSCanary Staked TRX ETF | 0 | +$0.5M |
 SUISCanary SUI ETF | 0 | +$0.3M |
 HBRCanary HBAR ETF | −$0.6M | +$113.5M |
 XRPCCanary XRP ETF | −$2.5M | +$484.4M |
| All 6 funds | −$3.0M | +$617.0M |
Avg entry — the average price per coin the fund's clients paid, our estimate from daily creations and redemptions, not an issuer report · as of 18 Oct 2026
Canary Capital at the SEC
Canary Capital has 6 crypto ETFs trading, 7 waiting.
| Waiting fund | Stage | Last document | At the SEC |
|---|---|---|---|
 Canary PENGU ETFPudgy Penguins (PENGU) | Filedquiet | 20 Mar 2025 | 577 days |
 Canary Staked SEI ETFSei | Amending | 15 Sep 2026 | 536 days |
 Canary Staked CRO ETFCronos | Amending | 8 May 2026 | 506 days |
 Canary Staked INJ ETFInjective | Amending | 24 Sep 2026 | 458 days |
| Canary American-Made Crypto ETFBasket | Amendingquiet | 1 Dec 2025 | 419 days |
 Canary TRUMP Coin ETFTRUMP coin | Amendingquiet | 13 Feb 2026 | 418 days |
 Canary PEPE ETFPepe | Amending | 2 Oct 2026 | 193 days |
Holdings over time
$486M · +$486M over the period
Other issuers
flow Fri 16 Oct · cumulative
BlackRock · 3 funds−$141.5M+$78.95B
Fidelity · 3 funds−$10.6M+$13.05B
Bitwise · 9 funds−$8.5M+$4.57B
VanEck · 5 funds0+$1.29B
21Shares · 8 funds0+$1.16B
Franklin Templeton · 4 funds0+$911.0M
Morgan Stanley · 3 funds0+$884.1M
CoinShares · 1 fund0+$326.9M
Invesco · 3 funds0+$160.0M
WisdomTree · 1 fund0+$77.9M
Grayscale · 12 funds−$3.2M−$27.68B
Flow by day · US$ m
| Date | LTCC | SOLC | TRXS | SUIS | HBR | XRPC | Total |
|---|---|---|---|---|---|---|---|
| Fri 16 Oct | 0 | 0 | 0 | 0 | −0.6 | −2.5 | −3.0 |
| Thu 15 Oct | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Wed 14 Oct | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tue 13 Oct | 0 | 0 | 0 | 0 | 0 | — | 0 |
| Mon 12 Oct | 0 | 0 | 0 | 0 | 0 | — | 0 |
| Fri 9 Oct | 0 | 0 | 0 | — | 0 | — | 0 |
| Thu 8 Oct | 0 | 0 | 0 | — | 0 | 0 | 0 |
| Wed 7 Oct | +0.5 | 0 | 0 | — | 0 | — | +0.5 |
| Tue 6 Oct | 0 | 0 | 0 | 0 | 0 | −3.3 | −3.3 |
| Mon 5 Oct | 0 | 0 | 0 | 0 | 0 | — | 0 |
| Fri 2 Oct | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Thu 1 Oct | 0 | −4.8 | 0 | −0.9 | +2.1 | −3.2 | −6.8 |
| Wed 30 Sep | +1.4 | +1.4 | 0 | +1.2 | 0 | — | +4.1 |
| Tue 29 Sep | 0 | 0 | 0 | 0 | +0.4 | −0.2 | +0.3 |
14 trading days · newest first · “—”: no row reported for that fund
Company profile
- Legal name
- Canary Capital Group LLC
- Headquarters
- Nashville, TN
- Founded
- 2024
- Crypto ETFs
- XRPC, HBR, LTCC, SOLC, TRXS, SUIS
- Custodian
- Gemini Trust Company, LLC; BitGo Trust Company, Inc.
Canary Capital is a recent entrant to the US crypto ETF market, focused on single-asset altcoin ETFs: XRP (XRPC), Solana (SOLC), HBAR (HBR), Litecoin (LTCC), SUI (SUIS) and TRX (TRXS).
Canary Capital Group is a crypto-focused asset manager founded in 2024 by Steven McClurg and based in Tampa, Florida. Unlike the diversified issuers it competes with, Canary works exclusively on digital-asset products and runs single-asset spot ETFs on XRP (XRPC), Solana (SOLC), HBAR (HBR), Litecoin (LTCC), SUI (SUIS) and TRON (TRXS, the Canary Staked TRX ETF).
- Founded: 2024
- Headquarters: Tampa, FL
- Crypto ETFs: XRPC — Canary XRP ETF, HBR — Canary HBAR ETF, LTCC — Canary Litecoin ETF, SOLC — Canary Marinade Solana ETF, TRXS — Canary Staked TRX ETF, SUIS — Canary SUI ETF
Canary Capital Group crypto ETFs
XRPC — Canary XRP ETF
XRPC is Canary's spot XRP ETF and its largest fund. It holds spot XRP and trades on Nasdaq.
SOLC — Canary Marinade Solana ETF
SOLC is Canary's spot Solana ETF, listed on Nasdaq in November 2025 with a 0.50% sponsor fee. It is one of the smallest spot Solana funds, and daily flows through it are rare.
Market position
Canary is a recent, small entrant next to BlackRock's franchise. Its relevance to flow watchers is not size but direction: the firm pushes the regulatory frontier with altcoin ETFs, so its lineup signals which assets get US ETF wrappers next.