PiCK

"U.S.'s First XRP Spot ETF 'Canary XRP ETF' Officially Begins Trading"

Source
Minseung Kang

Summary

  • It reported that the first XRP spot ETF in the United States officially began trading.
  • It reported that the 'Canary XRP ETF' has entered operation in the U.S. market with XRP spot as its underlying asset.
  • It said this is the first case of an XRP-related ETF being listed in the U.S. market.
Photo = Shutterstock
Photo = Shutterstock

The United States' first XRP spot exchange-traded fund (ETF) has officially begun trading.

On the 13th, according to virtual asset (cryptocurrency) specialized media BlockBeats, the U.S.'s first XRP spot ETF, 'Canary XRP ETF', officially began trading from that day.

This is the first case of an ETF backed by XRP spot being listed and put into operation in the U.S. market.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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