**Crypto News Flash: Canary Capital Files for Litecoin and XRP ETFs**

Canary Capital has filed for a spot Litecoin (LTC) exchange-traded trust (ETF) with U.S. regulators, aiming to track the CoinDesk Litecoin Price Index (LTX). This move comes amid a surge in proposed ETFs for alternative cryptocurrencies as the U.S. presidential election approaches.

- **Litecoin ETF**: Canary's ETF will hold spot LTC, offering a faster, lower-cost alternative to Bitcoin for small payments.

- **XRP ETF**: On Oct. 9, Canary also filed for a spot XRP ETF, following a similar move by Bitwise. XRP, issued by Ripple, has been embroiled in a legal battle with the SEC since 2020.

**Political Impact**: Crypto policies are influencing voter decisions, with 75% of crypto owners considering candidates' stances. Vice President Kamala Harris is seen as more crypto-friendly than President Biden but less so than former President Trump.

Stay tuned as the SEC reviews these filings, potentially reshaping the crypto investment landscape.