According to Odaily Planet Daily, Canary Capital Group, a US digital asset investment company, has filed an application with the US Securities and Exchange Commission (SEC) to launch the Canary American-Made Crypto ETF (MRCA). The fund will track an index of cryptocurrencies created, mined, or primarily operated in the United States and plans to list on the Chicago Board Options Exchange BZX under the ticker symbol MRCA. The fund will not involve leverage or derivatives, and the majority of assets will be held in cold custody by a South Dakota-chartered trust company. The index excludes stablecoins, meme coins, and pegged tokens and will be adjusted quarterly. Potential inclusions include XRP, Solana, Dogecoin, Cardano, Chainlink, Stellar, and others. Canary has previously applied for ETFs related to Trump Coin, SOL, XRP, SUI, and TRX, all of which are currently under SEC review. (Cointelegraph)
