Canary Capital Files S-1 for Spot Litecoin ETF with SEC

Oct 15, 2024, 04:31 PM

Canary Capital has officially filed an S-1 with the U.S. Securities and Exchange Commission (SEC) for a spot Litecoin (LTC) ETF. This filing follows Canary's recent application for a Ripple (XRP) ETF. Canary is a new cryptocurrency investment firm launched by Steven McClurg, founder of Valkyrie Funds. Bloomberg Senior ETF Analyst Eric Balchunas reported the filing, marking a significant step in the expansion of cryptocurrency investment options in the U.S. market.