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Which company will have the first spot XRP ETF approved by the SEC by end of 2024?
2
Resolution / Starting Odds
Canary Capital • 33%
Bitwise • 33%
Other • 34%
SEC official announcements or press releases
Story
Canary Capital Files for Spot XRP ETF with SEC
Oct 8, 2024, 08:58 PM
Canary Capital has officially filed an S-1 with the U.S. Securities and Exchange Commission (SEC) for a spot XRP Exchange-Traded Fund (ETF). This marks the second such filing, following Bitwise's earlier submission. Canary Capital, a new cryptocurrency investment firm founded by Valkyrie Funds' Steven McClurg, aims to capitalize on a more progressive regulatory environment and the growing interest in cryptocurrency investments. The filing is a general form for the registration of securities under the Securities Act of 1933.
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