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Which company will have the first approved XRP ETF in the US by December 31, 2024?
2
Resolution / Starting Odds
Canary Capital • 25%
Bitwise • 25%
Another Company • 25%
No Approval by Deadline • 25%
SEC announcements and ETF launch reports
Story
Canary Capital Files Second S-1 Registration for XRP ETF with SEC
Oct 8, 2024, 11:12 PM
Canary Capital has officially filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot XRP exchange-traded fund (ETF) under the Securities Act of 1933. This filing marks the second application for an XRP ETF within a week, following Bitwise's filing on October 2. Canary Capital, a new crypto investment firm founded by Steven McClurg of Valkyrie Funds, aims to provide investors with easy access to XRP through traditional brokerage accounts. The move is seen as a response to a more progressive regulatory environment and growing interest in digital assets on Wall Street, highlighting the growing XRP ETF race.
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