[Canary Capital May Pause New ETF Applications After Launching XRP] According to Coindesk, Canary Capital CEO Steve McClurg stated that the company has submitted applications for all currently eligible tokens under existing regulatory guidelines. For the remainder of the year, it may pause new cryptocurrency ETF applications. Whether additional filings are necessary will depend on regulatory changes or whether new assets meet the requirements of the U.S. Securities and Exchange Commission. The company will shift its focus to managing products like its newly launched XRP ETF, which recorded a first-day trading volume of $58 million.