ExchangeDEX+

Buy Crypto Markets Spot FuturesBTC Earn Event Center

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’

2025/08/27 11:09

WHITE$0.0001453+11.00%

TRUMP$5.508-3.31%

MORE$0.002399-3.42%

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.

Market Opportunity

Threshold Price(T)

$0.009974

$0.009974$0.009974

-2.09%

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.