Canary Capital filed a spot PEPE ETF with the SEC on Wednesday, signaling the US ETF race is expanding beyond BTC and ETH into memecoins.
Canary Capital filed Wednesday. The investment firm wants SEC approval for a spot PEPE ETF that would track Pepe Coin, even though the meme token crashed 85% from its December 2024 peak and keeps swinging wildly in daily trading sessions.
PEPE faces mixed signals as RSI holds neutral at 49.31 while bearish MACD momentum suggests caution. Technical analysis points to consolidation phase ahead.
Canary Capital submitted an S-1 registration document to the U.S. Securities and Exchange Commission this Wednesday, requesting authorization to introduce a spot exchange-traded fund for Pepe. This proposed fund would track PEPE, the popular frog-themed memecoin that debuted in April 2023.
Canary Capital has filed an application with the United States Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund tracking the popular meme coin, PEPE.
Canary Capital is preparing to launch an ETF tracking Pepe's price, despite the token trading 85% below its December 2024 all-time high.
Canary Capital has formally submitted Form S-1 to the SEC to list an exchange-traded fund based on the spot price of PEPE. The meme cryptocurrency currently holds a market capitalization of $1.5 billion and a total supply exceeding 420 trillion tokens.
Canary Capital has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission for a spot PEPE exchange-traded fund, according to multiple reports on April 9. If the application advances through the SEC review process, it would represent one of the first ETF vehicles tied directly to a memecoin.
Canary's April 8 PEPE ETF filing signals memecoins are entering regulated finance, testing whether hype-driven tokens can gain mainstream access.
Institutional access to meme-based crypto expands as Canary Capital files with the SEC for a PEPE ETF, offering brokerage-based exposure while avoiding direct token custody and derivative risks. Key Takeaways: Canary Capital filed with the SEC to launch a PEPE ETF tracking token price via direct holdings.
Last year, Canary also filed an application to list a fund tracking the price of MOG, a then lesser-known memecoin.
Canary files a PEPE ETF as memecoin funds expand after Dogecoins GDOG launch and BONK related ETF filings. Canary files S-1 for PEPE ETF as memecoin funds expand beyond DOGE.