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Following Massive XRP ETF Filing Momentum, Canary Capital Seeks SEC Approval For Litecoin ETF

  • Asset manager Canary Capital has filed a registration statement with the SEC for a Litecoin ETF, following its recent filing for an XRP-based ETF.
  • The proposed ETF aims to make it easier for traditional investors to access Litecoin without dealing with the complexities of purchasing and securing the cryptocurrency directly.
  • Canary Capital believes that Litecoin, with its proven security and reliability, offers a unique opportunity for investors seeking exposure to the OG altcoin.
  • The filing comes as part of a broader trend of asset managers seeking to offer crypto-based ETFs, with the SEC recently approving Bitcoin and Ether ETFs.

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