Canary Capital submits application for ‘US-based Virtual Asset ETF’

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Summary

It has been revealed that Canary Capital submitted an application for a US-based virtual asset spot ETF to the SEC.
It was announced that the ETF will be composed of virtual assets that are issued, operated, or mined in the United States.
Eric Balchunas, an analyst at Bloomberg, commented that it is uncertain which virtual assets will be included.

It has been revealed that Canary Capital has submitted an application (S-1) for a spot exchange-traded fund (ETF) composed of US-based virtual assets (cryptocurrencies).

According to Eric Balchunas, a Bloomberg ETF analyst, on the 25th (local time), Canary Capital submitted an S-1 document for a US-based virtual asset spot ETF to the US Securities and Exchange Commission (SEC). The ETF is intended to be composed of virtual assets that are issued, operated, or mined in the United States.

Analyst Balchunas stated, “It’s unclear which virtual assets will be included in this ETF.”