Canary Capital Seeks SEC Approval for American-Made Crypto ETF

According to Foresight News, digital asset management firm Canary Capital has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF. The proposed fund aims to list on the Cboe BZX Exchange under the ticker symbol MRCA. This ETF will focus exclusively on cryptocurrencies invented, mined, or predominantly controlled in the United States, categorizing it as a high-risk speculative product. Approval from the SEC is currently pending. In addition to the American-Made Crypto ETF, Canary Capital has also submitted applications for the Canary Trump Coin ETF and the Canary Staked Injective ETF. These filings indicate the company's strategic move to expand its offerings in the cryptocurrency investment space.