August 13, 2024
Via EDGAR
Ms. Lulu Cheng
Securities and Exchange Commission
Division of Corporation Finance
100 F Street, NE
Washington, DC 20549
Re: | Invesco CurrencyShares® Canadian Dollar Trust |
Pre-Effective Amendment No. 1 on Form S-1 to Form S-3 Registration Statement
Filed July 26, 2024
File No. 333-280627
Dear Ms. Cheng:
On behalf of the Invesco CurrencyShares® Canadian Dollar Trust (the Trust), set forth below are the Trusts responses to the oral comments provided by the staff of the SEC Division of Corporation Finance (the Staff) in connection with the Staffs review of the above-referenced Registration Statement (the Registration Statement). The Staffs comments are set forth below in italics, followed by the Trusts response. We are concurrently submitting via EDGAR this letter and an amendment to the Registration Statement (Amendment No. 2).
1. | We note your response to prior comment 1 and the filing of Amendment No. 1 on Form S-1 to Form S-3. Please confirm your understanding that you should recompute your public float each time an annual report is filed for purposes of Section 10(a)(3) of the Securities Act. |
Response: The Trust acknowledges the Staffs comment and confirms that the Trust recomputes its public float each time an annual report is filed for purposes of Section 10(a)(3) of the Securities Act.
2. | We note that your Pre-Effective Amendment to Registration Statement on Form S-1 was filed under EDGAR tag S-3/A, as opposed to EDGAR tag S-1/A, the latter of which should be used. Please ensure that subsequent filings are filed under the correct EDGAR tag. |
Securities and Exchange Commission
Page 2
Response: Acknowledging the Staffs comment, the Trust hereby respectfully advises the Staff that the Trust is concurrently submitting via EDGAR Amendment No. 2 with the EDGAR tag S-1/A.
If you have any questions about the foregoing, please contact counsel for the Trust, Alexis Leineweber of Foley & Lardner LLP at (414) 297-4922 or, in her absence, her colleague Patrick Daugherty at (312) 832-5178.
Sincerely, | ||
INVESCO SPECIALIZED PRODUCTS, LLC, Sponsor of the Trust | ||
By: | /s/ Adam Henkel | |
Adam Henkel | ||
Head of Legal, US ETFs |