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Canary Capital Announces Its XRP ETF
XRPC is one of the first spot XRP funds launched in the United States, trades on the Nasdaq exchange and provides investors with regulated exposure to the digital currency through a traditional ETF structure.
The fund provides investors with the features of the XRP network, such as fast settlement and low fees, in a simplified way.
Canary Capital has expanded its cryptocurrency fund portfolio to include spot funds for assets such as XRP, HBAR and LTC, aiming to promote the adoption of cryptocurrencies by traditional financial institutions.
In its latest statement, the company highlighted XRPC’s advantages as a similar fund in the market, which, according to the company, allows it to attract greater investor interest than competing funds.
The company confirmed that XRPC’s performance reflects strong investor demand despite the current market being flooded with multiple similar products.
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