XRP News Today: Canary Files Trump Coin, Staked Injective and U.S.-Made Crypto ETFs with SEC

Canary Capital has submitted a series of ETF applications to the U.S. Securities and Exchange Commission, including the Canary American-Made Crypto ETF (MRCA), which is designed to track the Made-in-America Blockchain Index. This index includes digital assets that are created, mined, or operated within the United States. The ETF is intended to trade on the Cboe BZX Exchange and will provide exposure to cryptocurrencies such as XRP, Solana (SOL), and Cardano (ADA) [1][2][3].

Alongside the broader "American-Made" ETF, Canary Capital also filed for a Trump Coin ETF and a Staked Injective ETF. The Trump Coin ETF reflects an unusual attempt to bundle political-linked digital assets into a tradable product, while the Staked Injective ETF focuses on providing exposure to proof-of-stake tokens through yield-generating mechanisms. Both remain in the filing stage and require regulatory approval [1][6][7].

The filings highlight Canary Capital’s strategy to expand its footprint in the crypto investment space by offering products that align with both technological innovation and political trends. The Staked Injective ETF, in particular, is notable for its technical approach, distinguishing itself from traditional spot-based crypto ETFs by incorporating staked tokens into its investment model [7].

The SEC has initiated a public comment period for some of these filings, including the Staked Injective ETF. This phase is a critical step in the regulatory process and indicates the level of scrutiny these products face before they can be approved for public trading [4]. The broader crypto ETF market is currently in flux, with several applications from firms like Grayscale also pending due to regulatory delays [5].

The filings emphasize the high-risk nature of the proposed ETFs. Investors are warned that they could lose their entire investment due to the volatility of the underlying assets. The Canary American-Made Crypto ETF is not regulated under the Commodity Exchange Act and is not subject to oversight by the Commodity Futures Trading Commission, meaning investors will not benefit from the same protections available in traditional crypto futures markets [1][8].

The firm’s filings suggest a strategic attempt to navigate the evolving U.S. crypto regulatory environment. The approval or rejection of these products could set important precedents for future crypto ETFs and influence the structure of investment vehicles in the space [9]. For now, no timeline for approval has been provided, and the SEC will need to evaluate multiple amendments before a final decision is made.

The broader crypto market has experienced significant volatility in recent months, with Bitcoin dropping below $110,000 amid mixed investor sentiment. The performance of major altcoins has been similarly uncertain, reinforcing the need for regulated and institutional-grade investment products [10]. As the market continues to develop, the availability of structured investment vehicles like the proposed Canary ETFs may help provide more clarity and accessibility for institutional and retail investors alike [11].

Source:

[1] Blockonomi (https://blockonomi.com/canary-capital-lines-up-trump-coin-injective-and-u-s-made-crypto-etfs-in-sec-filings/)

[2] Crypto News (https://crypto.news/canary-capital-files-for-made-in-america-crypto-etf/)

[3] CoinCentral (https://coincentral.com/canary-submits-etf-filing-to-sec-with-focus-on-u-s-linked-crypto/)

[4] CoinCentral (https://coincentral.com/injective-etf-proposal-from-canary-triggers-sec-public-input-phase/)

[5] AInvest (https://www.ainvest.com/news/xrp-news-today-sec-delays-grayscale-canary-altcoin-etf-decisions-october-2025-2508/)

[6] Coinlive (https://www.coinlive.com/news-flash/878195)

[7] The Crypto Times (https://www.cryptotimes.io/2025/08/25/canary-capital-files-new-american-made-crypto-etfs/)

[8] AInvest (https://www.ainvest.com/news/xrp-news-today-canary-files-centric-crypto-etf-focused-xrp-sol-ada-2508/)

[9] The Block (https://www.theblock.co/category/policy)

[10] CoinGlass (https://www.coinglass.com/ru/news/541737)