Wall Street Races to Launch Latest Cohort of Crypto-Spot ETFs

The race to launch an exchange-traded fund tracking XRP, the seventh-largest digital token, has begun.

Canary Capital Group, a new digital asset-focused investment firm founded in September, submitted paperwork with the Securities and Exchange Commission Tuesday to launch the Canary XRP ETF. It comes just a week after Bitwise Asset Management Inc. became the first firm to file for an ETF tracking the token.

Source link