BanklessTimes
Home Articles Canary Capital Files For American Made Crypto ETF Backed By US Invented Coins

Canary Capital Files For American Made Crypto ETF Backed By US Invented Coins

Simon Simba
Simon Simba
Simon is a writer with five years experience in crypto and iGaming. He currently works as a freelance writer at BanklessTimes where he focuses on simplifying daily crypto developments for readers. He discovered crypto in 2022 while writing news about NFTs for a news website in the US, and has since written for two other international NFT projects, and a Web3 gaming agency.
Updated: August 25th, 2025
Editor:
Joseph Alalade
Joseph Alalade
Editor:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.

Canary Capital has applied for permission to launch the Canary American-Made Crypto ETF by submitting its historic S-1 registration statement to the SEC. The Cboe BZX Exchange will list it under the ticker “MRCA” after approval, providing regular investors with an easy and regulated way to access a carefully chosen basket of domestic digital assets.

In contrast to conventional crypto exchange-traded funds (ETFs), which typically follow international networks such as Bitcoin or Ethereum, Canary’s American-Made Crypto ETF focuses exclusively on coins created, mined, or predominantly operated in the United States.

The fund’s objective is to follow the “Made-in-America Blockchain Index”, a unique benchmark that highlights U.S.-based firms and technology and includes tokens like Uniswap (UNI), Chainlink (LINK), and Solana (SOL).

Canary’s ETF, which limits holdings to U.S. coins, reflects growing investor interest in domestic innovation, security, and regulatory clarity, a theme supported by both traders and politicians under the present administration.

How The Canary Capital Fund Operates

Spot positions, real cryptocurrencies, not futures or fake tokens, will be in possession of Canary’s ETF. To avoid the risks associated with handling digital assets directly, including wallet maintenance and private keys, investors can purchase and sell shares on their brokerage applications via Cboe BZX’s regulated infrastructure.

Another unique feature that sets the ETF apart from passive funds is its goal of producing “staking” profits through transaction validation on the underlying networks.

Retail and institutional investors can support American blockchain initiatives through the ETF, which has a clear focus on domestic coins and offers the advantages of traditional stock exchange mechanics and regulatory control. Such thematic ETFs could become a common element of retirement plans and personal portfolios as digital assets diversify beyond Bitcoin and Ethereum.

Later this year, Canary’s application is anticipated to get a ruling from the SEC. The ETF, if it is successful, will usher in a new era of American cryptocurrency investing by offering a regulated, easily accessible link between Silicon Valley’s digital pioneers and Wall Street.  

READ MORE: VeChain Price Prediction: Can VET Rise 840% to $0.25 this Cycle?

Follow Bankless Times on Google News

We`ve got crypto covered – every trend, every insight, every move that matters. Add us to your feed and stay ahead of the market.

Contributors

Simon Simba
Simon is a writer with five years experience in crypto and iGaming. He currently works as a freelance writer at BanklessTimes where he focuses on simplifying daily crypto developments for readers. He discovered crypto in 2022 while writing news about NFTs for a news website in the US, and has since written for two other international NFT projects, and a Web3 gaming agency.