Canary Capital Sparks AXL Price Surge With Axelar ETF Filing

Quick Summary:

Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Axelar’s AXL token.

The announcement led to a rapid increase in AXL price, surging over 15% before settling at approximately $0.44.

Canary Capital has officially filed an S-1 registration with the U.S.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: India

Topics: Crypto ETF 24/7 Cryptocurrency News Altcoin News Axelar (AXL)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 01:40:58 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 435 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26687825

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 30 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #59

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