Canary Capital Aims to Launch First U.S.-Focused Crypto ETF

Canary Capital is pushing forward with a groundbreaking initiative: the creation of the first US-centric cryptocurrency exchange-traded fund (ETF). This endeavor would focus on cryptocurrencies primarily developed or operational within the United States. The firm has submitted a Form S-1 to the Securities and Exchange Commission (SEC), marking a significant step towards bringing this revolutionary investment product to market.