Canary Capital Joins the XRP ETF Race, Following Bitwise’s Lead

The race for the first spot XRP ETF is heating up! Canary Capital has officially joined the fray, submitting an application just a week after Bitwise filed for a similar product.

This recent development underscores the growing interest in XRP and the potential for a spot ETF to offer investors a more accessible way to participate in the cryptocurrency’s growth.

It remains to be seen which firm will secure the coveted first-mover advantage. However, one thing is clear: the competition is fierce, and the potential rewards are significant.