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Ripple’s X...
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Ripple’s XRP Suddenly Braced For An Exponential Price Move As Another Firm Kicks Off XRP ETF Bid In US

  • Canary Capital has filed for permission to offer an XRP ETF in the US, following Bitwise's similar filing last week.
  • Canary Capital submitted an S-1 form to the SEC to track the price of XRP via the CME CF Ripple if approved.
  • The move aims to provide investors with access to XRP through a traditional brokerage account without acquiring and holding XRP directly.
  • However, the approval of an XRP ETF faces obstacles with the ongoing legal battle between Ripple and the SEC.

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