After Bitwise submitted the XRP ETF S-1 registration statement last week, crypto investment company Canary Capital also submitted a registration statement for a spot XRP ETF to the U.S. SEC, becoming the second company to compete for the product this month. The custodian or administrator of the ETF has not yet been named. Canary Capital founder Steven McClurg said in a statement that he saw signs of a more progressive regulatory environment, while investors' demand for advanced access to cryptocurrencies other than Bitcoin and Ethereum was also growing - especially those seeking to enter enterprise-level blockchain solutions and their native tokens such as XRP. (The Block)