The post XRP ETF Buzz: Canary Capital Leads the Charge appeared first on Coinpedia Fintech News
It appears that Crypto-focused investment firms are now eyeing the XRP Exchange Traded Fund (ETF) in the United States. Following the successful launch of Bitcoin and Ethereum ETFs, a new crypto-focused investment firm Canary Capital, filed for an XRP ETF by submitting Form S-1 to the US Securities and Exchange Commission (SEC) last week.
First to File For XRP ETF
However, this filing by Canary Capital has gained significant attention from the crypto community as it was founded by Steven Mcclurg, the former CIO and co-founder of Valkyrie Fund.
Source: X (Previously Twitter)
In addition to Canary Capital, the asset management giant Bitwise Investment also filed for an XRP ETF by submitting Form S-1 to the US SEC today, October 2, 2024. Looking at the timing of incorporation, it appears that Canary Capital was the first to file for XRP ETF, according to the Delaware Division of C
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