Canary Capital | Crypto

Canary Capital formally submitted S1 registration with the US SEC, seeking approval to launch its first memecoin ETF tracking the price of MOG Coin. The post Canary Capital to Launch First Memecoin ETF to Track Price of MOG Coin appeared first on Cryptonews.

SEI is the native token of the Sei network, a layer-1 blockchain specializing in trading infrastructure for decentralized exchanges and marketplaces. Crypto asset manager 21Shares has filed with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund tracking the price of SEI, following Canary Capital’s application in April.  The S-1 registration statement filed with the SEC on Thursday proposes to use crypto price index provider CF Benchmarks to track the price of SEI, using data from multiple crypto exchanges. SEI is the native token of the Sei network, both were launched in August 2023. The network itself is a layer 1 blockchain that specializes in trading infrastructure for decentralized exchanges and marketplaces. Its native token can be used to pay for network gas fees and participate in governance.  Read more

Canary Capital filed the first S-1 registration statement for a TRUMP memecoin exchange-traded fund (ETF) with the SEC on Aug. 26. The “Canary Trump Coin ETF” filing marks a departure from earlier mutual fund approaches, utilizing Form S-1 under the 1933 Securities Act rather than the N-1A investment company registration form used by competitors Tuttle […] The post Canary Capital files first S-1 application for TRUMP memecoin ETF under 1933 Act appeared first on CryptoSlate.

Canary Capital has filed for a US-only crypto ETF, aiming to track an index of American-rooted digital assets as the SEC weighs other fund applications. US digital asset investment firm Canary Capital Group has filed with the Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF (MRCA).  According to a Friday filing, the proposed fund would track an index of cryptocurrencies created, mined or primarily operated in the United States, with shares slated to trade on Cboe BZX under the ticker MRCA. The trust also plans to stake its proof-of-stake holdings through third-party providers, adding rewards to its net asset value. The Made-in-America Blockchain Index will admit only assets that meet strict criteria set by an oversight committee. Tokens must be eligible for custody with a regulated US trust or bank, maintain minimum liquidity, and trade on multiple established venues. Read more

Canary Capital has registered a Trump Coin ETF in Delaware, a move that signals plans to launch a spot exchange-traded fund (ETF) tracking the memecoin. The entity, “Canary Trump Coin ETF,” was incorporated on Aug. 13, according to state records. The registration is typically a precursor to filing an S-1 application with the U.S. Securities […] The post Canary Capital register TRUMP memecoin ETF in Delaware in latest altcoin bet appeared first on CryptoSlate.

The Trump Coin ETF from Canary Capital indicates that traditional finance products containing memecoins may still have demand. Canary Capital has registered a crypto exchange-traded fund (ETF) designed to track a memecoin token linked to US President Donald Trump. According to the Delaware State Department website, Canary Capital filed on Wednesday for the Canary Trump Coin ETF. The registration suggests the launch of a crypto ETF tracking the Official Trump (TRUMP) token, though a formal filing with the Securities and Exchange Commission (SEC) could still be months away. According to Cointelegraph indexes, TRUMP has a market capitalization of $1.9 billion, ranking it 49th among all cryptocurrencies at this writing. Among memecoins, the token is listed as the fifth-largest by market cap, though the list doesn’t include the original memecoin, Dogecoin (DOGE). Read more

The move follows SEC guidance treating staking rewards as income, enabling asset managers like Canary to back blockchain-based tokens through delegated staking. Investment company Canary Capital filed an S-1 application for a staked INJ (INJ) exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on Thursday. INJ is the governance, staking and utility token for the Injective Protocol, a layer-1 blockchain network focused on decentralized finance (DeFi) operations. One of the main objectives of the fund is to accrue staking rewards through providing validation services using an “approved staking platform,” the filing reads. Read more

It's the first US-regulated investment fund holding the Cronos chain's native token, CRO. Crypto.com and asset manager Canary Capital are launching a US investment fund designed to provide exposure to the Cronos blockchain’s native token, CRO, the cryptocurrency exchange said in a statement. The Canary CRO Trust will hold the Cronos (CRO) token in a regulated fund wrapper, Crypto.com said, adding that the trust is not an exchange-traded fund (ETF) and is only available to accredited investors.  Creating regulated funds such as CRO Trust is part of Crypto.com’s plan for “further mainstreaming crypto,” Eric Anziani, president and chief operating officer of Crypto.com, said in a statement. Read more