Canary Capital seeks SEC nod for American-made crypto ETF
Canary Capital has submitted plans to the US Securities and Exchange Commission (SEC) for a new product called the Canary American-Made Crypto ETF.
According to an Aug. 25 filing, the proposed spot fund would limit its holdings to digital assets with strong US ties. That includes cryptocurrencies developed in the country, tokens predominantly minted or mined domestically, and networks with most of their operations based in the United States.
The ETF is designed to follow the Made-in-America Blockchain Index, which aggregates qualifying assets.
According to the filing, the trust aims to mirror the index’s performance while generating additional income by participating in network validation processes, such as staking or transaction…
