$LINK
Canary Capital launches ETF on 'American crypto'
🔥 Investment company Canary Capital has submitted an application to the SEC for the launch of a crypto-ETF under the ticker MRCA. The fund will track an index of digital assets with 'American roots' — created, mined, or managed from the USA.
📊 Key parameters:
— Listing on Cboe BZX;
— Support for PoS token staking through third-party providers (rewards accounted for in NAV);
— Excludes stablecoins, meme coins, and pegged assets;
— Strict selection based on liquidity, custodial requirements, and multi-listing.
✔️ Candidates include: XRP, SOL, DOGE, ADA, LINK, XLM, and others.
🟡 Custody — trust in South Dakota, primarily cold wallets.
⚡️ Canary plays on a patriotic narrative: 'American crypto for American investors.' Such a product may increase attention to the tokens in the index and trigger local pumps. Against the backdrop of the politicization of the crypto market and the growing role of the SEC, this is a successful marketing and strategic move.
