Canary Capital has filed to create an XRP spot exchange-traded fund (ETF). This is the second issuer to file for an XRP fund in the last seven days. In a filing with the SEC on October 8, Canary Capital said its ETF will provide investors with access to the XRP market through a traditional brokerage account. The fund will track the value of XRP without the use of derivatives and will use the CME CF Ripple index. Canary Capital said this design will allow investors to more effectively implement strategic and tactical asset allocation strategies. Share your thoughts in the comments.