XRP News Today: Canary Capital Files American-Made Crypto ETF With SEC

Canary Capital, a digital asset management firm, has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) for the proposed Canary American-Made Crypto ETF [1]. This application marks the firm’s effort to bring a new, regulated exchange-traded fund to market, offering exposure to a basket of U.S.-invented or -mined digital assets [2]. The fund is expected to trade on the Cboe BZX exchange under the ticker code MRCA [3], and would represent a novel approach to crypto investing by focusing exclusively on American-developed blockchain projects.

The proposed ETF would include exposure to prominent digital assets such as UNI, LINK, and SOL, all of which were developed or are primarily associated with U.S.-based entities [4]. In addition to direct holdings, the fund may also incorporate blockchain rewards, potentially broadening its appeal to investors seeking diversified exposure to emerging crypto technologies [5]. This strategy aligns with a broader industry trend of integrating traditional financial infrastructure with innovative blockchain assets [6].

Canary Capital previously filed for a similar product focused on XRP, but the current proposal is more expansive, covering a wider range of U.S.-linked crypto assets [7]. The firm’s continued engagement with the SEC reflects its long-term commitment to navigating the regulatory landscape and advancing the legitimacy of crypto as an investable asset class [8].

Industry observers have noted the potential implications of the filing, particularly for tokens such as XRP, which could see increased demand if the ETF is approved [9]. The timing of the submission also coincides with a surge in institutional interest in crypto products, with multiple firms submitting ETF applications to the SEC in recent months [10].

Despite the uncertainty surrounding the regulatory approval timeline, the submission of the S-1 filing represents a critical step in the development of the fund [11]. While no specific date for a decision has been provided, the filing underscores Canary Capital’s strategic intent to bring a regulated, U.S.-centric crypto investment vehicle to market [12].

Source:

[1] The Crypto Basic (https://thecryptobasic.com/2025/08/25/canary-capital-files-with-sec-to-launch-american-made-crypto-etf-backed-by-us-origin-assets-like-xrp/)

[2] MEXC (https://www.mexc.com/news/canary-capital-seeks-sec-nod-for-american-made-crypto-etf/73210)

[3] Coinpedia (https://coinpedia.org/news/canary-capital-files-to-launch-made-in-america-etf-amid-rising-etf-push/)

[4] CoinCentral (https://coincentral.com/canary-capital-files-for-american-made-crypto-etf/)

[8] Facebook (https://www.facebook.com/photo.php?fbid=752538847659326&id=100087096529570&set=a.130****63246274)

[9] Times Tabloid (https://timestabloid.com/xrp-is-set-to-benefit-as-the-biggest-american-made-crypto-heres-the-latest/)

[10] BanklessTimes (https://www.banklesstimes.com/articles/2025/08/25/canary-capital-files-for-american-made-crypto-etf-backed-by-us-invented-coins/)