Canary Capital Launches ‘American-Made’ Crypto ETF Amid SEC Delays

US digital asset investment firm Canary Capital Group has filed a proposal with the Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF (MRCA). This new fund aims to track an index of cryptocurrencies that originated, were mined or operated primarily within the United States. Shares under the ticker MRCA will trade on Cboe BZX. The trust plans to utilize proof-of-stake holdings through third-party providers, adding rewards to its net asset value.