Oct 9, 2024

Canary Capital plans to launch an XRP ETF, following Bitwise, amid Ripple's SEC challenges.

The proposed ETF aims to offer easy access to XRP without security risks or direct crypto purchases.  

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Ripple’s battle with the SEC complicates ETF approval, as the appeal could delay the process until 2025. 

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XRP's price fluctuated between $0.052 and $0.064 after Bitwise’s ETF filing.

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If approved, the ETF will track XRP's value, giving investors a simplified way to invest.

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