Canary Capital Pushes Crypto ETF Frontier Further With PEPE Filing
Ethereum
Canary Capital Group filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking PEPE Coin (PEPE). The proposed Canary PEPE ETF would hold the Ethereum (ETH)-based meme coin directly, mirroring the structure of existing spot ETFs. According to the filing, the Canary PEPE ETF would sell or redeem shares in baskets of 10,000 units. The prospectus leaves the listing exchange, pricing benchmark, and digital asset custodian unnamed
ETH
PEPE
US
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