The Canary XRP ETF is a proposed exchange-traded fund filed by Canary Capital with the U.S. Securities and Exchange Commission (SEC). This ETF aims to provide investors with access to the XRP market through a traditional brokerage account, removing some of the barriers and risks associated with directly acquiring and holding XRP. Canary Capital filed the registration statement for the spot XRP ETF, marking one of several attempts by firms to launch such products amidst a shifting regulatory environment.
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