According to news on January 17, Nate Geraci, president of The ETF Store, issued an article stating that from an ETF competition perspective, if Canary’s Litecoin ETF can be approved before the SOL and XRP spot ETFs submitted by well-known issuers such as VanEck and Bitwise, it will be An important breakthrough. Although Canary has not yet launched any ETF products, its early deployment of Litecoin and Hedera (HBAR) ETFs may bring significant advantages.