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Home/Briefs/// a single string of 4 to 6 comma-separated terms that classify this article into broader financial topics and themes. these are taxonomy terms — the categories this story belongs to and across many articles. // own categories: etfs
BriefApril 9, 2026 · 03:48 AM

Canary Capital pushes spot ETF market beyond major cryptocurrencies

The spot ETF market may expand to include volatile assets without clear real-world functionality. Canary Capital submitted an S-1 filing to the the SEC on April 8 seeking approval for an exchange-traded fund tracking the spot price of the meme coin Pepe (PEPE). The filing argues that a meme coin without separate utility can be included within an ETF structure. This is a test of whether the spot ETF market, which has focused on major cryptocurrencies such as bitcoin and ethereum, can expand to meme coins.

Hazel Mercer
// a single string of 4 to 6 comma-separated terms that classify this article into broader financial topics and themes. These are taxonomy terms — the categories this story belongs to and across many articles. // own categories: ETFsCryptocurrencyAsset Management

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