diff --git a/src/hooks/useRiveFile.ts b/src/hooks/useRiveFile.ts
new file mode 100644
index 0000000..6ff9b4d
--- /dev/null
+++ b/src/hooks/useRiveFile.ts
@@ -0,0 +1,38 @@
+import { useState, useEffect } from 'react';
+import type { UseRiveFileParameters } from '../types';
+import { RiveFile } from '@rive-app/canvas';
+
+/**
+ * Custom hook for initializing and managing a RiveFile instance within a component.
+ * It sets up a RiveFile based on provided source parameters (URL or ArrayBuffer) and ensures
+ * proper cleanup to avoid memory leaks when the component unmounts or inputs change.
+ *
+ * @param params - Object containing parameters accepted by the Rive file in the rive-js runtime,
+ *
+ * @returns {RiveFile} Contains the active RiveFile instance (`riveFile`).
+ */
+function useRiveFile(params: UseRiveFileParameters) {
+  const [riveFile, setRiveFile] = useState<RiveFile | null>(null);
+
+  useEffect(() => {
+    let file: RiveFile | null = null;
+
+    const loadRiveFile = async () => {
+      file = new RiveFile(params);
+      setRiveFile(file);
+    };
+
+    loadRiveFile();
+
+    return () => {
+      if (file) {
+        file.cleanup();
+      }
+    };
+  }, [params.src, params.buffer]);
+
+
+  return { riveFile };
+}
+
+export default useRiveFile;
diff --git a/src/index.ts b/src/index.ts
index d4c0d34..6ba9119 100644
--- a/src/index.ts
+++ b/src/index.ts
@@ -2,8 +2,9 @@ import Rive, { RiveProps } from './components/Rive';
 import useRive from './hooks/useRive';
 import useStateMachineInput from './hooks/useStateMachineInput';
 import useResizeCanvas from './hooks/useResizeCanvas';
+import useRiveFile from './hooks/useRiveFile';
 
 export default Rive;
-export { useRive, useStateMachineInput, useResizeCanvas, RiveProps };
-export { RiveState, UseRiveParameters, UseRiveOptions } from './types';
+export { useRive, useStateMachineInput, useResizeCanvas, useRiveFile , RiveProps };
+export { RiveState, UseRiveParameters, UseRiveFileParameters, UseRiveOptions } from './types';
 export * from '@rive-app/canvas';
diff --git a/src/types.ts b/src/types.ts
index ea5a1c8..c7d9210 100644
--- a/src/types.ts
+++ b/src/types.ts
@@ -1,5 +1,5 @@
 import { RefCallback, ComponentProps } from 'react';
-import { Rive, RiveParameters } from '@rive-app/canvas';
+import { Rive, RiveParameters, RiveFileParameters } from '@rive-app/canvas';
 
 export type UseRiveParameters = Partial<Omit<RiveParameters, 'canvas'>> | null;
 
@@ -36,3 +36,6 @@ export type RiveState = {
   rive: Rive | null;
   RiveComponent: (props: ComponentProps<'canvas'>) => JSX.Element;
 };
+
+
+export type UseRiveFileParameters = RiveFileParameters;
\ No newline at end of file
diff --git a/test/useRiveFile.test.tsx b/test/useRiveFile.test.tsx
new file mode 100644
index 0000000..066de95
--- /dev/null
+++ b/test/useRiveFile.test.tsx
@@ -0,0 +1,95 @@
+import { renderHook } from '@testing-library/react-hooks';
+import { mocked } from 'jest-mock';
+
+import useRiveFile from '../src/hooks/useRiveFile';
+import { RiveFile } from '@rive-app/canvas';
+
+jest.mock('@rive-app/canvas', () => ({
+  RiveFile: jest.fn().mockImplementation(() => ({
+    cleanup: jest.fn(),
+  })),
+}));
+
+
+describe('useRiveFile', () => {
+  beforeEach(() => {
+    mocked(RiveFile).mockClear();
+  });
+
+  it('initializes RiveFile with provided parameters', async () => {
+    const params = {
+      src: 'file-src',
+      enableRiveAssetCDN: false
+    };
+
+    const { result } = renderHook(() => useRiveFile(params));
+
+    expect(RiveFile).toHaveBeenCalledWith(params);
+    expect(result.current.riveFile).toBeDefined();
+  });
+
+  it('cleans up RiveFile on unmount', async () => {
+    const params = {
+      src: 'file-src',
+      enableRiveAssetCDN: false 
+    };
+
+    const { result, unmount } = renderHook(() => useRiveFile(params));
+
+    const riveInstance = result.current.riveFile;
+    expect(riveInstance).toBeDefined();
+
+    unmount();
+
+    expect(riveInstance?.cleanup).toHaveBeenCalled();
+  });
+
+  it('does not reinitialize RiveFile if params do not change', async () => {
+    const params = {
+      src: 'file-src',
+      enableRiveAssetCDN: false 
+    };
+
+    const { rerender } = renderHook(() => useRiveFile(params));
+
+    rerender();
+
+    expect(RiveFile).toHaveBeenCalledTimes(1);
+  });
+
+  it('reinitializes RiveFile if src changes', async () => {
+    let params = {
+      src: 'file-src',
+      enableRiveAssetCDN: false
+    };
+
+    const { rerender } = renderHook(() => useRiveFile(params));
+
+    params = {
+      src: 'new-file-src',
+      enableRiveAssetCDN: false
+    };
+
+    rerender();
+
+    expect(RiveFile).toHaveBeenCalledTimes(2);
+  });
+
+  it('reinitializes RiveFile if buffer changes', async () => {
+    let params = {
+      buffer: new ArrayBuffer(10),
+      enableRiveAssetCDN: false
+    };
+
+    const { rerender } = renderHook(() => useRiveFile(params));
+
+    params = {
+      buffer: new ArrayBuffer(20),
+      enableRiveAssetCDN: false
+    };
+
+    rerender();
+
+    expect(RiveFile).toHaveBeenCalledTimes(2);
+  });
+});