Canary Capital has filed regulatory documents to introduce an exchange-traded fund that would primarily invest in Mog Coin, a memecoin that is somewhat unknown in the cryptocurrency market. The proposal made to the Securities and Exchange Commission led to a short-lived increase in the digital token’s value on Wednesday. After
The cryptocurrency market is one step away from a major milestone since the investment firm Canary Capital is ready to launch the first spot XRP exchange-traded fund in America. The firm submitted important paperwork to the Securities and Exchange Commission to have its fund ready for the market’s launch on
Bitcoin could climb to $140000 or $150000 this year before a possible downturn next year, says Canary Capital CEO Steven McClurg. Speaking on CNBC’s Crypto network on Friday, he estimated a better than 50% chance of Bitcoin hitting that range, which would mean a 19% to 27% jump from its
Canary Capital just got one step closer to launching a staking-based crypto ETF in the United States by setting up a Delaware trust called the Canary Staked INJ ETF, according to its official recent corporate filings. It’s the exciting first big move toward a US-listed exchange-traded fund for the Injective
