Canary Capital Registers Trump Coin ETF Sparking 10% Price Surge

Canary Capital has registered a trust for the “Canary Trump Coin ETF” in Delaware, marking a pivotal move in the institutionalization of memecoin-based investment vehicles. The firm filed the statutory entity with the Delaware Division of Corporations, a necessary step toward launching a U.S. spot ETF tied to the TRUMP memecoin, a digital asset linked to former U.S. President Donald Trump [1]. This development signals growing institutional interest in memecoins and their potential to attract a broader investor base through regulated financial products [2].

The registration of the trust has already triggered a positive market reaction. Following the announcement, the TRUMP token price surged by 10%, reflecting increased speculation and anticipation of broader market acceptance [3]. The ETF is intended to allow investors to access the memecoin without the complexities of direct token custody, such as digital wallet management, thus bridging the gap between highly volatile crypto assets and traditional investment structures [4].

According to Eric Balchunas, Senior ETF Analyst at Bloomberg, this move represents a different regulatory pathway compared to other similar ETFs. Canary Capital is pursuing registration under the Securities Act of 1933, whereas Tuttle Capital has opted for a ’40 Act filing for its Trump and Melania coin ETFs [5]. This distinction highlights the diverse strategies being adopted by firms seeking to bring memecoins into the institutional investment space.

The regulatory approval process remains a key hurdle for the ETF’s launch. The Securities and Exchange Commission (SEC) is expected to evaluate the proposal based on risk management, token custody, and investor protection measures [6]. Analysts note that the current SEC administration appears more open to crypto ETFs than previous ones, although the speculative nature of memecoins could lead to heightened scrutiny.

The broader implications of this initiative could reshape how memecoins are perceived within the financial industry. If approved, the Canary Trump Coin ETF could set a precedent for similar products and encourage increased liquidity and legitimacy for the memecoin segment. The success of the product will likely influence future regulatory approaches to meme-based assets and determine whether they are considered viable for mainstream investment [7].

Canary Capital’s move follows a growing trend of asset managers exploring regulated structures for memecoins. Firms such as Osprey Funds and REX Shares have also submitted applications to the SEC for similar products, indicating a shift in how institutional players view the potential of meme-driven digital assets [8].

Source: [1] Canary Capital Registers Trump Coin ETF Sparking Market ... https://coincentral.com/canary-capital-registers-trump-coin-etf-sparking-market-surge/

[2] Canary Capital register TRUMP memecoin ETF in ... https://cryptoslate.com/canary-capital-register-trump-memecoin-etf-in-delaware-in-latest-altcoin-bet/

[3] La memecoin TRUMP makes its entrance on Wall Street https://en.cryptonomist.ch/2025/08/14/the-memecoin-trump-makes-its-debut-on-wall-street-the-race-for-the-billion-dollar-market-cap-etf-begins/

[5] Canary Capital Registers Trump Coin ETF on Delaware https://thecryptobasic.com/2025/08/14/canary-capital-registers-trump-coin-etf-on-delaware/

[6] Canary Capital Registers Delaware Trust for Potential ... https://www.bitget.com/news/detail/12560604912446