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Canary Capital Files for Spot XRP ETF Approval with SEC
- Canary Capital has filed for spot XRP ETF with the U.S. SEC.
- Canary Capital became the second firm to pursue the product after Bitwise.
- The filing comes amidst the legal battle between Ripple Labs and SEC over the classification of XRP.
- Canary Capital's founder cites the regulatory landscape and increasing investor interest as driving factors for the XRP ETF filing.
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