CanaryCapital

📊What Happened?
* 🔸Canary Capital officially registered a “Trump Coin ETF” entity in Delaware on August 13, 2025, aiming for institutional-grade exposure to the Trump-themed meme coin ($TRUMP) via an ETF structure.

* 🔸This follows prior filings from asset managers like Osprey Funds and REX Shares, who also proposed Trump-themed spot ETFs shortly after $TRUMP launched.

* 🔸The announcement triggered an immediate price surge in $TRUMP as markets priced in increased institutional demand and liquidity.

📊Who’s Behind It?
* 🔷Canary Capital is known for filing multiple crypto ETF proposals, including for tokens like XRP, Litecoin, and now meme coins. This follows its prior ETF filing for XRP, signaling a bold approach in the ETF space.

* 🔷The Trump Coin token ($TRUMP) itself was created by Trump-linked entities like CIC Digital LLC and Fight Fight Fight LLC, which collectively retained ~80% of the token supply after its January 2025 launch.

📊Why It Matters
1. 🔺Institutional Legitimization of Meme Coins
* A regulated ETF targeting a meme coin marks a major paradigm shift — from high-risk micro-cap jokes to regulated investment vehicles.
2. 🔺Boost to Liquidity and Market Trust
* Inclusion in an ETF structure naturally enhances trading volume and price visibility — likely fueling further speculative momentum.
3. 🔺Regulatory Momentum
* This move lands amid a wave of crypto-friendly ETF filings and new SEC guidance designed to streamline approval processes.

4. 🔺Broader Meme Coin ETF Trend
* This is taking place alongside fresh ETF proposals like the Canary PENGU ETF and Trump’s own Crypto Blue Chip ETF.


🎀As a crypto analyst, I see this ETF proposal as more than novelty — it's a litmus test for meme coin viability in institutional portfolios. If the SEC grants approval, we could be in for a wildcard bull season where celebrity tokens join the alternative asset class.
For now, monitor:
* SEC filings (S-1, 19b-4)
* Trading volumes in $TRUMP
* Regulatory commentary and sentiment
* Similar ETF proposals (e.g., PENGU)

MY POV: 
🎀Canary’s Trump Coin ETF filing is a provocative blend of pop culture and institutional markets. It’s speculative and edgy — but being institutional-grade could make meme coins mainstream. Bullish? Maybe. Bizarre? Definitely. Stay sharp.

#CryptoETF #TrumpCoin #MEMECOİN
#ETF #CryptoNews #SEC $#CryptoMarket #Altcoins #Bullish #CryptoTrends

The traditional financial market in the U.S. is witnessing a new wave: ETF (Exchange-Traded Fund) funds for altcoins – cryptocurrencies that are not Bitcoin or Ethereum. Recently, a notable name has appeared on the waiting list: SUI, a relatively new but ambitious Layer-1 blockchain.

What events are happening?

#CanaryCapital – an asset management company based in Nashville, Tennessee – has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch an ETF fund dedicated to SUI.

Recently, the U.S. Securities and Exchange Commission (SEC) has begun reviewing the registration dossier for the Litecoin ETF from Canary Capital, opening the door for the listing of the Litecoin ETF in the U.S. This is a significant step in the journey to bring mainstream crypto products into the stock market.
Highlights of Litecoin ETF
Litecoin, often referred to as "the silver to Bitcoin's gold," is gradually becoming an attractive option in the digital currency world.

SEC has accepted for review the application from Canary Capital for the launch of a spot TRX-ETF. The SEC accepted the 19b-4 application for the spot TRX-ETF from Canary Capital.
The Commission has 240 days to make a decision regarding it.
The company has also submitted applications for a number of other funds based on altcoins.
The U.S. Securities and Exchange Commission (SEC) has accepted for review the application from Canary Capital for the launch of a spot ETF based on TRON (TRX). A distinctive feature of this case is the staking, which is already included in the fund's structure.

Canary Capital – a company specializing in launching cryptocurrency investment funds – has officially filed with the U.S. Securities and Exchange Commission (SEC) to seek approval for the first exchange-traded fund (ETF) dedicated to SEI, the token of the Layer-1 Sei blockchain. Notably, this fund not only tracks the price of SEI but also integrates staking, promising to deliver double yields for investors.

What makes SEI special? Why is there an ETF being established?

Canary Capital just created a seismic shift in the crypto world by filing with the U.S. Securities and Exchange Commission (SEC) to establish an ETF for Pudgy Penguins (PENGU). This is the first time in history that an exchange-traded fund (ETF) combines both cryptocurrency and NFTs, opening up new potential for the intersection between traditional finance and digital assets.

Canary Capital wants to create an ETF for Pudgy Penguins: A historic move?

Opened last October by ex-Valkyrie founder and CEO Steven McClurg, Canary quickly filed back-to-back applications for four crypto-related exchange-traded funds (ETF).
But the company quickly made a name for itself in the business.

Founded only last October, Canary Capital has quickly pushed out several applications for crypto ETFs, including ones for Solana (SOL), XRP (XRP), Litecoin (LTC) and Hedera (HBAR), with the latter two being the first ETF applications of their kind.

From the outside, it seemed as though the firm had it all planned out perfectly.

“We really had no idea that we would be getting back into the ETF game,“ said Steve McClurg, founder and CEO of Canary Capital.

His name might sound familiar to some. McClurg co-founded and served as chief investment officer at Valkyrie Investments, an alternative asset manager which in March 2024 was acquired by CoinShares.

After about six months at CoinShares, McClurg left the ETF provider to start Canary Capital as a hedge fund, an idea that he had been working on during his time at Valkyrie.

“Essentially what happened was […] there was an assassination attempt on Trump, the markets rallied around it, politics rallied around it, and we started thinking, well, he could actually win,” McClurg recalled.
“If he wins, then there'll be changes in regulatory agencies and it's probably likely that other crypto ETFs will get approved, so why don't we file some ETFs and see what happens.”

Since the spot bitcoin and ethereum ETFs had already been launched and well-received by investors, Canary decided to pass on those assets. Instead, they looked further down the list of the top 20 tokens by market capitalization, specifically those that they believed weren’t securities, ultimately deciding to file for LTC, HBAR and XRP ETF. The XRP move was a speculation that the crypto would be deemed a non-security in court — which it was.

None of Canary Capital’s applications have been approved yet by the Securities and Exchange Commission. Several Solana ETF filings had been denied — or not acknowledged by the SEC — under previous agency leadership in 2024.

Following the Trump inauguration, though, Cboe BZX Exchange resubmitted 19b-4 documents for the SOL vehicles, hoping to get an approval under the new administration. The SEC is required to respond to the new submissions within the next 45 days or, if officially delayed, 240 days.

Canary has also submitted a 19b-4 for its Litecoin ETF, which requires a response from the SEC on Feb. 29.

Canary Capital has not yet filed 19b-4s for its XRP and HBAR ETFs. While an S-1 is considered a first-step to launch an ETF, it is not actionable if it isn’t followed by a 19b-4, which is required to inform the SEC of a proposed rule change by a self-regulatory entity, such as an exchange.
McClurg described Canary’s efforts as a call option on Trump winning the presidency.

“Oddly enough, it worked,” he said.

As for the future, the firm doesn’t currently have plans to launch more ETFs, McClurg said, but doesn’t rule out that it could see potential in other tokens in the future.
$XRP
#ETFs #CanaryCapital #canarycapitalseftplain #solana #HBARUSD

While many investment funds are racing to launch cryptocurrency ETFs, Canary Capital has outright refused Dogecoin (DOGE) as they believe it has no real value.
📌 Reasons Why Canary Says "No" to DOGE ETF
👨‍💼 The CEO of
, Steven McClurg, asserts that the company has no plans to launch a Dogecoin ETF, despite market expectations that these funds will soon be approved.
🔹 He believes that DOGE does not have a limited supply, causing its value to trend downward over time.