ChainCatcher news, according to Reuters, market participants are closely watching the trend of Bitcoin after it breaks the $100,000 mark. Investors and speculators may want to profit from it. Steven McClurg, founder of digital asset investment firm Canary Capital, stated: "But once the market clears the sell orders, the price of Bitcoin could rise further, and the increase will be very rapid. It is expected that the price of Bitcoin will reach $120,000 by Christmas."Independent cryptocurrency analyst Justin D'Anethan said: "Bitcoin breaking $100,000 is not just a milestone; it also proves the changes in financial, technological, and geopolitical trends. This number, which was considered a fantasy not long ago, has now become a reality."

ChainCatcher news, Bloomberg ETF analyst James Seyffart posted on X that Canary Capital has submitted an HBAR ETF application.It is reported that the ETF will track "the native assets of the Hedera Network."Previous news, Fox Business reporter Eleanor Terrett posted on social media that cryptocurrency investment firm Canary Capital has submitted a SOL ETF application to the U.S. SEC.

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on social media that the cryptocurrency investment firm Canary Capital has submitted a SOL ETF application to the U.S. SEC.This is the third cryptocurrency ETF application submitted by the company this month, as Canary Capital has previously applied for LTC ETF and XRP ETF.

ChainCatcher news, according to The Block, cryptocurrency investment firm Canary Capital has submitted a registration application for a spot XRP exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC), becoming the second company to apply for such a product this month.Canary Capital founder Steven McClurg stated that as the demand for blockchain solutions grows, the company sees a more progressive regulatory environment. The ETF will provide investors with the opportunity to access the XRP market through traditional brokerage accounts, avoiding the potential risks of directly holding XRP. The custodian for the ETF has not yet been determined.