The post Canary Capital Files Amended S-1 For XRP ETF appeared on BitcoinEthereumNews.com. Canary Capital Group has filed an updated S-1 to the SEC regarding their proposed Canary XRP ETF. The move is seen as a major step toward mainstream adoption of the Ripple-associated token in U.S. markets. Canary Capital Positions XRP for Mainstream Investment After Amended Spot ETF Filing The SEC document shows that the updated registration statement outlines plan for the fund to list on the Cboe BXZ Exchange. It would provide investors with direct exposure to XRP without requiring them to hold the digital asset themselves. The Canary XRP ETF is a Delaware statutory trust. Their investment aim is to follow the movement of the XRP. It relies on the CoinDesk XRP CCIXber 60m New York Rate as their reference rate. The fund will own XRP and custody arrangements will be provided through the services of a designated trust company. This ETF should be more attractive to investors who want access to a cryptocurrency in a more transparent and simple way. It is a contrast to futures-based products that use derivatives. After approval, shares of the ETF could be owned by investors via traditional brokerage accounts and traded on Cboe BZX exchange. Investors would benefit from the price changes of XRP without having to deal with the need of managing a wallet or trading on crypto exchanges. This mirrors the structure of existing Bitcoin spot ETFs, but with a focus on Ripple’s native token. A previous SEC decision delay has not deterred Canary Capital. With its amended filing, the firm joins a small but expanding group of issuers betting on demand for crypto-backed exchange-traded products Filing Notes Risks as Approval Optimism Increases The disclosure also reveals some of the pertinent risks. The trust is not subject to the Investment Company Act of 1940. Therefore, holders do not receive the protection… The post Canary Capital Files Amended S-1 For XRP ETF appeared on BitcoinEthereumNews.com. Canary Capital Group has filed an updated S-1 to the SEC regarding their proposed Canary XRP ETF. The move is seen as a major step toward mainstream adoption of the Ripple-associated token in U.S. markets. Canary Capital Positions XRP for Mainstream Investment After Amended Spot ETF Filing The SEC document shows that the updated registration statement outlines plan for the fund to list on the Cboe BXZ Exchange. It would provide investors with direct exposure to XRP without requiring them to hold the digital asset themselves. The Canary XRP ETF is a Delaware statutory trust. Their investment aim is to follow the movement of the XRP. It relies on the CoinDesk XRP CCIXber 60m New York Rate as their reference rate. The fund will own XRP and custody arrangements will be provided through the services of a designated trust company. This ETF should be more attractive to investors who want access to a cryptocurrency in a more transparent and simple way. It is a contrast to futures-based products that use derivatives. After approval, shares of the ETF could be owned by investors via traditional brokerage accounts and traded on Cboe BZX exchange. Investors would benefit from the price changes of XRP without having to deal with the need of managing a wallet or trading on crypto exchanges. This mirrors the structure of existing Bitcoin spot ETFs, but with a focus on Ripple’s native token. A previous SEC decision delay has not deterred Canary Capital. With its amended filing, the firm joins a small but expanding group of issuers betting on demand for crypto-backed exchange-traded products Filing Notes Risks as Approval Optimism Increases The disclosure also reveals some of the pertinent risks. The trust is not subject to the Investment Company Act of 1940. Therefore, holders do not receive the protection…

Canary Capital Files Amended S-1 For XRP ETF

4 min read

Canary Capital Group has filed an updated S-1 to the SEC regarding their proposed Canary XRP ETF. The move is seen as a major step toward mainstream adoption of the Ripple-associated token in U.S. markets.

Canary Capital Positions XRP for Mainstream Investment After Amended Spot ETF Filing

The SEC document shows that the updated registration statement outlines plan for the fund to list on the Cboe BXZ Exchange. It would provide investors with direct exposure to XRP without requiring them to hold the digital asset themselves.

The Canary XRP ETF is a Delaware statutory trust. Their investment aim is to follow the movement of the XRP. It relies on the CoinDesk XRP CCIXber 60m New York Rate as their reference rate.

The fund will own XRP and custody arrangements will be provided through the services of a designated trust company. This ETF should be more attractive to investors who want access to a cryptocurrency in a more transparent and simple way. It is a contrast to futures-based products that use derivatives.

After approval, shares of the ETF could be owned by investors via traditional brokerage accounts and traded on Cboe BZX exchange. Investors would benefit from the price changes of XRP without having to deal with the need of managing a wallet or trading on crypto exchanges. This mirrors the structure of existing Bitcoin spot ETFs, but with a focus on Ripple’s native token.

A previous SEC decision delay has not deterred Canary Capital. With its amended filing, the firm joins a small but expanding group of issuers betting on demand for crypto-backed exchange-traded products

Filing Notes Risks as Approval Optimism Increases

The disclosure also reveals some of the pertinent risks. The trust is not subject to the Investment Company Act of 1940. Therefore, holders do not receive the protection provided by a mutual fund or registered investment adviser. However, the dismissal of the XRP lawsuit could by the U.S. appeals court has further strengthened optimism around XRP’s regulatory standing.

The ETF also cautions that shutdowns at cryptocurrency exchanges or custody exploits can result in large losses. Nevertheless, this action indicates a greater optimism that regulators could eventually give a green light to a spot XRP ETF. The SEC’s response will determine whether XRP will become a part of digital assets offered within the structure of regulated ETFs.

Paul

Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others.
He holds a degree in Geophysics from OAU, Nigeria. When he’s not writing, he loves watching soccer and reading educative journals.
He can be reached via [email protected]

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Source: https://coingape.com/canary-capital-files-amended-s-1-for-xrp-etf/

Market Opportunity
Moonveil Logo
Moonveil Price(MORE)
$0.000664
$0.000664$0.000664
-9.21%
USD
Moonveil (MORE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Top NYC Book Publishing Companies

Top NYC Book Publishing Companies

New York City has been the epicenter of American publishing for generations, but “NYC publishing” isn’t just one lane. Today’s landscape includes two very different
Share
Techbullion2026/02/06 14:02
Sensorion Announces its Participation in the Association for Research in Otolaryngology ARO 49th Annual Midwinter Meeting

Sensorion Announces its Participation in the Association for Research in Otolaryngology ARO 49th Annual Midwinter Meeting

MONTPELLIER, France–(BUSINESS WIRE)–Regulatory News: Sensorion (FR0012596468 – ALSEN) a pioneering clinical-stage biotechnology company which specializes in the
Share
AI Journal2026/02/06 14:45
AI Crypto Trading Secrets: What They Won’t Tell You About Profits and Pitfalls|9-Figure Media

AI Crypto Trading Secrets: What They Won’t Tell You About Profits and Pitfalls|9-Figure Media

AI crypto trading is everywhere, and every YouTube guru claims their bot mints money while they sleep. Sounds dreamy, right? However, most don’t discuss the full story, the wild profits possible, and the lurking pitfalls. As someone obsessed with the intersection of artificial intelligence and digital assets, let me pull back the curtain on the realities of algorithmic trading in the crypto jungle. Here’s what nobody tells you: 87% of retail traders using automated systems lose money within their first year. The marketing materials show cherry-picked results. The testimonials come from paid affiliates. But here’s the twist. The remaining 13% who succeed aren’t just lucky. They understand something the majority misses entirely. The Reality Behind the Hype The crypto world loves success stories. You’ve probably seen them. “I made $50,000 in three months using this bot.” What they don’t mention? The $200,000 they lost by testing seventeen other systems first. Real talk: most trading algorithms fail because they’re built for perfect market conditions. Crypto markets are anything but perfect. Think about it like this. Would you trust a Formula 1 car to handle rush hour traffic? That’s essentially what most people do with their trading bots. Why Smart Money Uses Crypto AI Tools Differently Professional traders approach crypto AI tools with surgical precision. They don’t expect miracles. They expect consistent, measured results. The difference lies in understanding what these tools actually do well: • Risk management automation • Pattern recognition at scale • Emotional bias elimination • 24/7 market monitoring • Portfolio rebalancing Notice what’s missing from that list? Get-rich-quick schemes. The smartest crypto AI tools focus on protecting capital first. Profits come second. This mindset separates winners from losers. Here’s something interesting. 9-figure media companies track these patterns religiously. They know which crypto AI tools produce sustainable results versus flashy short-term gains. Professional traders using crypto AI tools typically target 15–25% annual returns. Not 500% monthly moonshots. The Startup Connection Most People Ignore AI for startups isn’t just about building the next ChatGPT. Many successful companies use AI to optimize their crypto treasury management. Smart startups integrate crypto AI tools into their financial operations early. They automate routine decisions. They reduce human error. They scale their trading operations without hiring armies of analysts. But here’s where it gets interesting. The best AI for startup applications in crypto aren’t the obvious ones. Consider automated tax reporting. Or real-time compliance monitoring. Or treasury optimization across multiple blockchains. These unsexy applications generate more consistent profits than flashy trading algorithms. AI for startups in the crypto space succeeds when it solves boring problems efficiently. Not when it promises unrealistic returns. The most successful AI for startups implementations focus on operational efficiency. They reduce costs. They minimize risks. They free up human resources for strategic decisions. Learning from Top AI Start-Ups Top AI start-ups in the crypto space share common characteristics. They prioritize transparency over marketing hype. Look at successful top AI start-ups like Chainalysis or Elliptic. They don’t promise easy money. They provide essential infrastructure. The best top AI start-ups focus on solving real problems: • Market data analysis • Security monitoring • Regulatory compliance • Portfolio analytics • Risk assessment These top AI start-ups understand something crucial. Sustainable businesses solve actual problems. They don’t just ride hype cycles. 9-figure media outlets consistently highlight these fundamental companies. They ignore the noise. They focus on substance. Many top AI start-ups actually discourage retail trading. They know the odds. They’ve seen the casualties. Instead, successful top AI start-ups build tools for institutions. Banks. Hedge funds. Companies with proper risk management systems. The Hidden Costs Nobody Discusses Using crypto AI tools costs more than subscription fees. Much more. First, there’s the learning curve. Most people spend months figuring out proper settings. During this time, they’re paying tuition to the market. Second, there’s infrastructure. Reliable crypto AI tools require stable internet, backup systems, and proper security measures. Third, there’s opportunity cost. Time spent tweaking algorithms could be spent learning fundamental analysis. The real cost? Most people using crypto AI tools trade more frequently. Increased trading usually means increased losses. Think about 9-figure media companies again. They understand that technology amplifies existing skills. It doesn’t replace them. Smart Implementation Strategies Successful crypto AI tools users follow specific patterns: • Start with paper trading • Use position sizing rules • Set strict stop losses • Monitor performance weekly • Adjust strategies quarterly They treat crypto AI tools like any other business tool. With respect. With caution. With realistic expectations, startup applications work similarly. They augment human decision-making. They don’t replace it. The most successful AI for startups implementations in crypto involve human oversight at every level. Algorithms suggest. Humans decide. What Actually Works Here’s what separates successful crypto AI tools users from everyone else: They focus on consistency over home runs. They understand that small, regular gains compound better than occasional big wins followed by devastating losses. They apply AI principles to their approach for startups. They iterate quickly. They fail fast. They learn constantly. They study top AI start-ups for inspiration. But they don’t try to replicate their exact strategies. Most importantly, they never risk money they can’t afford to lose. The crypto market will humble anyone. AI doesn’t change this fundamental truth. Your success with crypto AI tools depends more on your discipline than the sophistication of your algorithms. Remember: the house always has an edge. Your job is to find where that edge doesn’t apply. That’s the secret they won’t tell you. AI Crypto Trading Secrets: What They Won’t Tell You About Profits and Pitfalls|9-Figure Media was originally published in Coinmonks on Medium, where people are continuing the conversation by highlighting and responding to this story
Share
Medium2025/09/18 23:20