The post Canary Capital Files To Launch ‘American-Made’ Crypto ETF — Will Ripple’s XRP, ADA, And SOL Be Included? ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Canary Capital, the digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, filed an S-1 registration with the U.S. Securities and Exchange Commission on Monday for the right to launch a U.S.-only crypto ETF, aiming to track digital coins and tokens minted on U.S. soil. New filing for Canary American-Made Crypto ETF, a spot product that will hold only coins invented in U.S., are majority mined in U.S. or have majority of operations in U.S. 🇺🇸 As we’ve predicted, thx to category’s success, get ready for ETFs to try every combo imaginable. pic.twitter.com/8KqovVtgeF — Eric Balchunas (@EricBalchunas) August 25, 2025 Canary Capital Submits S-1 For American-Made Crypto ETF The Canary American-Made Crypto ETF, if greenlighted by the SEC, would track an index of cryptocurrencies created, mined, or primarily operated in the United States, with shares slated to trade on Cboe BZX under the ticker MRCA, according to the filing.  The Made-in-America Blockchain Index will only include assets that meet strict criteria set by an oversight committee. Tokens must be eligible for custody with a regulated US trust or bank, maintain minimum liquidity, and trade on multiple established venues. The trust will give investors direct exposure to these assets without leverage or derivatives, while custody will be handled by a South Dakota-chartered trust company, with most assets held in cold storage. The S-1 filing did not specify exactly which coins and tokens the fund would track. However, stablecoins, memecoins, and pegged tokens are excluded. Notably, the index will be rebalanced quarterly. Advertisement &nbsp Solana (SOL), Ripple’s XRP, and Cardano (ADA) are among the popular assets created by American founders. Crypto data provider CoinMarketCap includes those coins in a “Top Made in America Tokens by Market Cap” category, along with others like Dogecoin (DOGE),… The post Canary Capital Files To Launch ‘American-Made’ Crypto ETF — Will Ripple’s XRP, ADA, And SOL Be Included? ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Canary Capital, the digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, filed an S-1 registration with the U.S. Securities and Exchange Commission on Monday for the right to launch a U.S.-only crypto ETF, aiming to track digital coins and tokens minted on U.S. soil. New filing for Canary American-Made Crypto ETF, a spot product that will hold only coins invented in U.S., are majority mined in U.S. or have majority of operations in U.S. 🇺🇸 As we’ve predicted, thx to category’s success, get ready for ETFs to try every combo imaginable. pic.twitter.com/8KqovVtgeF — Eric Balchunas (@EricBalchunas) August 25, 2025 Canary Capital Submits S-1 For American-Made Crypto ETF The Canary American-Made Crypto ETF, if greenlighted by the SEC, would track an index of cryptocurrencies created, mined, or primarily operated in the United States, with shares slated to trade on Cboe BZX under the ticker MRCA, according to the filing.  The Made-in-America Blockchain Index will only include assets that meet strict criteria set by an oversight committee. Tokens must be eligible for custody with a regulated US trust or bank, maintain minimum liquidity, and trade on multiple established venues. The trust will give investors direct exposure to these assets without leverage or derivatives, while custody will be handled by a South Dakota-chartered trust company, with most assets held in cold storage. The S-1 filing did not specify exactly which coins and tokens the fund would track. However, stablecoins, memecoins, and pegged tokens are excluded. Notably, the index will be rebalanced quarterly. Advertisement &nbsp Solana (SOL), Ripple’s XRP, and Cardano (ADA) are among the popular assets created by American founders. Crypto data provider CoinMarketCap includes those coins in a “Top Made in America Tokens by Market Cap” category, along with others like Dogecoin (DOGE),…

Canary Capital Files To Launch ‘American-Made’ Crypto ETF — Will Ripple’s XRP, ADA, And SOL Be Included? ⋆ ZyCrypto

2 min read

Advertisement

&nbsp

&nbsp

Canary Capital, the digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, filed an S-1 registration with the U.S. Securities and Exchange Commission on Monday for the right to launch a U.S.-only crypto ETF, aiming to track digital coins and tokens minted on U.S. soil.

Canary Capital Submits S-1 For American-Made Crypto ETF

The Canary American-Made Crypto ETF, if greenlighted by the SEC, would track an index of cryptocurrencies created, mined, or primarily operated in the United States, with shares slated to trade on Cboe BZX under the ticker MRCA, according to the filing. 

The Made-in-America Blockchain Index will only include assets that meet strict criteria set by an oversight committee. Tokens must be eligible for custody with a regulated US trust or bank, maintain minimum liquidity, and trade on multiple established venues.

The trust will give investors direct exposure to these assets without leverage or derivatives, while custody will be handled by a South Dakota-chartered trust company, with most assets held in cold storage.

The S-1 filing did not specify exactly which coins and tokens the fund would track. However, stablecoins, memecoins, and pegged tokens are excluded. Notably, the index will be rebalanced quarterly.

Advertisement

&nbsp

Solana (SOL), Ripple’s XRP, and Cardano (ADA) are among the popular assets created by American founders. Crypto data provider CoinMarketCap includes those coins in a “Top Made in America Tokens by Market Cap” category, along with others like Dogecoin (DOGE), Sui, Stellar (XLM), Chainlink (LINK), and Avalanche (AVAX).

Since a flurry of Bitcoin and Ethereum-based exchange-traded funds debuted last year, and President Donald Trump’s pro-crypto administration took office in the White House, the stream of altcoin ETF submissions has been soaring.

Nashville, Tennessee-based Canary Capital has previously filed paperwork with the Securities and Exchange Commission for several other crypto ETFs, including ones tied to Litecoin, SOL, TRX, and Trump Coin.

Other companies are also looking to get the SEC’s green light for several ETFs, mostly focused on XRP and Solana, under a Paul Atkins-led SEC that’s more amiable to crypto and related investment vehicles.




Source: https://zycrypto.com/canary-capital-files-to-launch-american-made-crypto-etf-will-ripples-xrp-ada-and-sol-be-included/

Market Opportunity
Solana Logo
Solana Price(SOL)
$80.06
$80.06$80.06
-5.37%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Woman shot 5 times by DHS to stare down Trump at State of the Union address

Woman shot 5 times by DHS to stare down Trump at State of the Union address

A House Democrat has invited Marimar Martinez to attend President Donald Trump's State of the Union address in Washington, D.C., after she was shot by Customs and
Share
Rawstory2026/02/06 03:36
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
WLFI Drops 20% Weekly as Price Tests the Crucial $0.113 Support

WLFI Drops 20% Weekly as Price Tests the Crucial $0.113 Support

On Thursday, February 5, World Liberty Financial (WLFI) is continuing its decline and is trading at $0.1281, decreased by 5.89% in the past day. The token has lost
Share
Tronweekly2026/02/06 03:00