Canary Capital Files S-1 for Spot PEPE ETF, Expanding Meme Coin Access via Regulated Products
Filing submitted: Canary Capital Group LLC filed Form S-1 with the SEC on April 8, 2026, for the proposed Canary PEPE ETF.
Spot structure: The Trust will hold PEPE directly on Ethereum, with a small initial allocation of ETH (up to 5%) solely for network fees; no derivatives or leverage.
Creation process: Shares issued and redeemed in Baskets of 10,000 units, using cash or in-kind PEPE transfers through Authorized...
