Canary Capital’s XRPC and HBR ETFs Launch on Vanguard - Crypto Access Just Got Mainstream

Vanguard just opened the floodgates. Canary Capital's XRPC and HBR exchange-traded funds went live on the platform today, giving traditional investors a direct line to crypto exposure without the wallet hassles.

No Keys, No Problem

Forget private keys and seed phrases. These ETFs let portfolios tap into digital asset growth through familiar brokerage accounts. It's the institutional on-ramp the sector's been waiting for—wrapped in the comforting paperwork of traditional finance.

The Mainstreaming Play

This isn't just another listing. Vanguard's move signals a tectonic shift in acceptance. When a giant known for index funds and conservative retirees starts hosting crypto-focused ETFs, the narrative changes from 'speculative bubble' to 'legitimate asset class.'

A Cynical Nod to Tradition

Let's be real—the finance world loves repackaging innovation into something it can charge a management fee for. Crypto's decentralization promise, neatly bundled into a tradable fund? Wall Street's genius lies in selling you the revolution, with an expense ratio attached.

The door is officially off the hinges. Whether this brings a wave of fresh capital or just gives bored portfolio managers something new to allocate 2% into remains to be seen. But one thing's clear: the lines between crypto and conventional finance just got a lot blurrier.

Expanding digital asset access

By listing XRPC and HBR, Vanguard is taking a first step to mainstream the investment in digital assets for its retail investors. 

The investment platform, known for low-cost index investing, has been quite cautious about cryptocurrencies so far, so including these two targeted ETFs is a key endorsement for the fast-growing digital asset class.

Simplified investor exposure

The inclusion lets investors keep their exposure to XRP and HBAR in conventional qualified investment accounts without having to navigate the complexities of a digital wallet and crypto exchanges. The accessibility is especially the case for the Canary XRP ETF, XRPC, which has gained market traction since its launch in mid-November.

Commenting on the fund’s performance, Steven McClurg, CEO and Founder of Canary Capital, said, “What we’re seeing with XRPC is more than early adoption, it’s validation of where investor demand is heading. That’s a clear signal that investors are choosing XRPC as a preferred vehicle for exposure to one of the most foundational digital assets.”

The Canary XRP ETF provides spot exposure to XRP, the native token of the XRP Ledger, which is designed for cross-border value transfer and liquidity. Since its inception, XRPC has become a leading force in the industry, having reportedly amassed AUM of over $336 million as of late November 2025. 

The Canary HBAR ETF provides spot exposure to HBAR, the Hedera network’s native cryptocurrency, a platform that is engineered for high-throughput enterprise applications. It holds the unique distinction of being the first and only US-listed ETF to deliver direct access to the HBAR asset.

The listing of the funds on Vanguard is expected to increase visibility and distribution for Canary Capital’s digital-asset products. This increased access is likely to set the precedent for other financial institutions and further bridge traditional finance with the digital asset ecosystem.

Also Read: Canary Capital Files for American-Made Crypto ETF