Analyst Eric Balchunas says exchange-traded funds must have a futures product live for at least six months, which Canary doesn't have for its TRUMP fund. President Donald Trump’s memecoin could be getting an exchange-traded fund (ETF) in the US after Canary Capital was first to file for a product that buys and holds the token, with an analyst questioning how it will clear regulatory hurdles.In a filing with the Securities and Exchange Commission on Tuesday, Canary said its fund, the Canary Trump Coin ETF, would directly hold and offer exposure to Official Trump (TRUMP).Trump launched the token in January, just days before he re-entered the White House. It’s currently ranked 55th by market value, having fallen 69% from its Jan. 19 all-time high of $46.50, the day before Trump’s inauguration, according to TradingView.Read more Analyst Eric Balchunas says exchange-traded funds must have a futures product live for at least six months, which Canary doesn't have for its TRUMP fund. President Donald Trump’s memecoin could be getting an exchange-traded fund (ETF) in the US after Canary Capital was first to file for a product that buys and holds the token, with an analyst questioning how it will clear regulatory hurdles.In a filing with the Securities and Exchange Commission on Tuesday, Canary said its fund, the Canary Trump Coin ETF, would directly hold and offer exposure to Official Trump (TRUMP).Trump launched the token in January, just days before he re-entered the White House. It’s currently ranked 55th by market value, having fallen 69% from its Jan. 19 all-time high of $46.50, the day before Trump’s inauguration, according to TradingView.Read more
ETF analyst questions how Canary’s TRUMP fund ‘gets through’
Analyst Eric Balchunas says exchange-traded funds must have a futures product live for at least six months, which Canary doesn't have for its TRUMP fund.
President Donald Trump’s memecoin could be getting an exchange-traded fund (ETF) in the US after Canary Capital was first to file for a product that buys and holds the token, with an analyst questioning how it will clear regulatory hurdles.
In a filing with the Securities and Exchange Commission on Tuesday, Canary said its fund, the Canary Trump Coin ETF, would directly hold and offer exposure to Official Trump (TRUMP).
Trump launched the token in January, just days before he re-entered the White House. It’s currently ranked 55th by market value, having fallen 69% from its Jan. 19 all-time high of $46.50, the day before Trump’s inauguration, according to TradingView.
Read more
Market Opportunity
Threshold Price(T)
$0.006877
$0.006877$0.006877
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Solana Hits $4B in Corporate Treasuries as Companies Boost Reserves
TLDR Solana-based corporate treasuries have surpassed $4 billion in value. These reserves account for nearly 3% of Solana’s total circulating supply. Forward Industries is the largest holder with over 6.8 million SOL tokens. Helius Medical Technologies launched a $500 million Solana treasury reserve. Pantera Capital has a $1.1 billion position in Solana, emphasizing its potential. [...] The post Solana Hits $4B in Corporate Treasuries as Companies Boost Reserves appeared first on CoinCentral.
Share
Coincentral2025/09/18 04:08
XAU/USD stalls at $5,000 with the bullish trend in play
The post XAU/USD stalls at $5,000 with the bullish trend in play appeared on BitcoinEthereumNews.com. Gold (XAU/USD) appreciates for the second consecutive month
Share
BitcoinEthereumNews2026/02/09 21:43
BitMine’s $11B Ethereum Bet — Smart Move or Risky Gamble Before the Next Bull Run?
BitMine's massive $11 billion investment in Ethereum has raised eyebrows in the crypto world. As the market eagerly awaits the next bull run, this bold move has sparked debates and curiosity. Is it a clever strategy or a high-stakes risk? Explore which coins are poised for growth in this fluctuating landscape. Ethereum Poised for Growth Amid Steady Movement Source: tradingview Ethereum's price is steady, moving between approximately $4335 and $4825. The crypto giant is showing promise, with a week's growth of over four percent. This follows a half-year surge of nearly 127 percent. Although the current pace is slower, the potential for breaking above the $5040 resistance level is strong. If it breaches this point, Ethereum could aim for the next resistance at $5530. Such a move would be a noticeable increase from today's range, suggesting this crypto could continue its climb. The market indicators point to a balanced phase, meaning Ethereum might be setting the stage for further growth. Keep an eye on those key levels! Conclusion BitMine’s move has sparked debate. If ETH rises, the valuation could be substantial. However, market trends can change quickly. Timing and strategy will be key. BitMine’s decision shows confidence in ETH, but only time will tell if it pays off. The sector awaits the next market movement with interest. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Share
Coinstats2025/09/18 00:44