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How many cryptocurrency ETFs will Canary Capital launch by the end of 2024?
2
Canary Capital•Valkyrie Funds•Steven McClurg•SEC•Solana•SOL•XRP•Litecoin•LTC•United States•VanEck•21Shares•Bitcoin
Resolution / Starting Odds
3 or fewer • 25%
4 • 25%
5 • 25%
More than 5 • 25%
Official announcements from Canary Capital and financial news outlets
Story
Canary Capital Files S-1 for Spot Solana ETF with SEC, Marking Third Crypto ETF Application This Month
Oct 30, 2024, 09:14 PM
Canary Capital, a cryptocurrency investment firm founded by former Valkyrie Funds co-founder Steven McClurg, has submitted an S-1 filing to the U.S. Securities and Exchange Commission (SEC) for a spot Solana (SOL) exchange-traded fund (ETF). This marks the firm's third cryptocurrency ETF application this month, following previous filings for XRP and Litecoin (LTC) ETFs and the launch of an HBAR trust. Canary Capital's filing comes amid increasing momentum for Solana ETFs in the United States, with similar applications recently submitted by VanEck and 21Shares. The move reflects growing investor demand for diversified crypto investment products, particularly following the approvals of Bitcoin and Ethereum ETFs.
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