Canary Capital has filed for an ETF aimed at providing investors with exposure to cryptocurrencies created in the U.S. or predominantly backed by U.S. operations. This ETF, named the Canary American-Made Crypto ETF, would track the Made-in-America Blockchain Index, which identifies cryptocurrencies or projects with operations primarily in America. While the specific cryptocurrencies included have not been detailed in the filing, notable coins like Bitcoin, XRP, and Solana could potentially be considered, as they were founded or supported significantly in the U.S. The ETF could be traded on the Cboe BZX Exchange if approved by the SEC. This move follows the increasing demand and success of crypto ETFs that track Bitcoin and Ethereum, which have seen substantial inflows since their launch. Other companies have also sought approval for similar investment products as they aim to cater to the growing interest in the cryptocurrency market.

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