Grayscale has filed to convert its Digital Large Cap Fund into a diversified crypto ETF that includes Bitcoin, Ethereum, Solana, XRP, and Avalanche.Canary Capital has filed for spot Litecoin and XRP ETFs, targeting alternative cryptocurrencies in response to growing institutional interest.The race to bring more crypto-based ETFs to the US market reflects increasing demand for sophisticated cryptocurrency products.Political factors, including the upcoming US presidential election, may influence the regulatory environment for cryptocurrencies.