Ripple Adoption Set To Boom As Canary Files For An XRP ETF
Ripple (XRP) is getting another XRP ETF. Leading crypto investment firm Canary has filed for an S-1 XRP ETF with the US SEC, hoping to deliver another ripple ETF to the domain. Also Read: Shiba Inu: How Long Should You Wait For SHIB To Hit 5 Cents? Another XRP ETF Filed Canary, dubbed the leading crypto investment fund, has filed for an S-1 XRP ETF. The announcement comes days after Bitwise, another notable financial giant, announced its plan to introduce an XRP ETF to its investors. The Canary filing application contains specific details regarding how the ETF process will work. The firm shared details, adding how the ETF, as mentioned above, will deliver access to XRP via a “traditional brokerage account.” “The opportunity to access the market for XRP through a traditional brokerage account without the potential barriers to entry or risks involved with acquiring and holding XRP directly.” The firm shared in its S-1 application Canary Capital founder Steven McLurg was also noted for co...