Trump Coin ETF Registration Sparks Rally, as Canary Capital Moves Towards Institutional Exposure

Canary Capital has taken a significant step towards institutionalizing the TRUMP token by registering an entity in Delaware for a Trump Coin ETF. This registration signals potential exposure to the meme coin from large investors. The move follows the official incorporation of the “Canary Trump Coin ETF” on August 13th, which usually precedes SEC filings necessary to approve the fund and allow trading. Market data shows that the TRUMP token price has surged following the announcement, increasing by nearly 4% within 24 hours.