Canary Capital, an asset manager that recently ventured into the crypto exchange-traded fund (ETF) arena, has announced its latest initiative with a filing for a TRUMP ETF designed to track the memecoin’s price.

This move follows their earlier crypto ETF filings made earlier this year, after the Bitcoin (BTC) and Ethereum (ETH) investment funds proved successful. This marks a significant step in capitalizing on the growing interest in digital assets.

Canary Proposes TRUMP ETF

According to Reuters, the proposed TRUMP ETF aims to provide investors with a regulated product that captures the politically charged nature of the memecoin, blending sentiment-driven speculation with traditional investment frameworks.

If approved by the Securities and Exchange Commission (SEC), which has

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