Canary XRP ETF ended June with $241.2 million, down $81.6 million from December despite creations.Net capital share transactions added $82.4 million, while operations reduced assets by $164.0 million overall.Unrealized XRP depreciation accounted for $159.7 million of the fund’s operational decline during 2026 midyear.XRP holdings climbed 31.7% to 231.3 million tokens, even as their dollar value declined sharply.XRPC posted a 42.84% NAV loss during 2026’s first six months, according to Canary data.