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Canary submitted an S-1 application with the SEC for the first CRO ETF fund in the United States, acting as a custodian and liquidity provider.
Canary Funds has filed registration (S-1) with the U.S. Securities and Exchange Commission (SEC) for the first Crypto.com (CRO) ETF to be staked in the form of spot in the United States.
This file marks a significant development in the cryptocurrency exchange-traded fund market (ETF), as the SEC continues to delay the approval of similar cryptocurrency ETFs, including those related to Solana (SOL) and Ripple (XRP).
Canary Funds will act as the custodian and liquidity provider for the new CRO ETF, demonstrating the growing interest of institutions in staking cryptocurrency assets in the ETF space in the United States.