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Canary’s Bold Move: Pushing for First US-Made Crypto ETF Approval

Canary’s Bold Move: Pushing for First US-Made Crypto ETF Approval

Author:
Coingape
Published:
2025-08-25 10:58:08
11
3

Wall Street's watching as Canary makes its play—filing for what could become America's inaugural homegrown cryptocurrency ETF.

The Regulatory Gauntlet

Navigating the SEC's notorious skepticism won't be easy. Past rejections haunt every crypto filing—but Canary's betting its structure meets the agency's elusive standards.

Market Impact

Approval could flood institutional capital into digital assets. Traditional finance finally gets its on-ramp—no more complex self-custody or shady offshore exchanges.

Because nothing says 'legitimacy' like letting Wall Street charge 2% to hold Bitcoin for you—the ultimate irony in a movement built on decentralization.

Canary Seeks Approval for American-Made Crypto ETF

Canary files for an American-Made crypto ETF, a spot fund holding only U.S.-invented coins, aiming to offer simple, regulated access through a stock exchange. The filing focuses on domestically created digital assets to align with U.S. innovation and investor interest. If approved, investors could buy a basket of U.S.-origin cryptocurrencies via regular brokerage accounts, without managing wallets or private keys. The move adds momentum to niche crypto ETF proposals targeting specific themes and compliance-friendly exposure.

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