🚀 Canary Capital has filed for a spot XRP ETF with the SEC, aiming to make XRP investments as easy as pie! 🍰
- Filed on Oct. 8, this ETF would let investors access XRP via traditional brokerage accounts, skipping the hassle of holding XRP directly.
- The ETF will track XRP’s price using the CME CF Ripple index, avoiding derivatives to dodge extra risks.
- Canary Capital is the second to file for an XRP ETF in a week, following Bitwise’s Oct. 2 filing.
- If approved, this would be the first spot XRP fund greenlit by the SEC.
Stay tuned for more XRP excitement!