TRUMP COIN ETF... 🔥🎯🔥
Canary Capital has officially submitted the application for a spot ETF dedicated to Trump Coin, the official memecoin associated with Donald Trump. The registration of the Canary Trump Coin ETF in Delaware represents a crucial step towards the first exchange-traded fund that directly tracks the TRUMP token, providing institutional investors with regulated access to this highly volatile asset.
This move marks a significant turning point in the cryptocurrency market, which has so far seen few ETFs dedicated to memecoins. The ETF structure, ready to be submitted to the SEC for approval, aims to provide a safer and more transparent way to invest in TRUMP, bypassing the complexities of direct token management.
Although SEC approval may take several months, this ETF could pave the way for greater liquidity and legitimization for memecoins in the landscape of traditional investments.
