Canary Capital files S-1 for PEPE spot ETF, aiming for Cboe BZX listing

Huo Xing Finance reports that on October 28, U.S. asset manager Canary Capital filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for the Canary PEPE ETF on April 8, 2026, and submitted an amended version (S-1/A) on October 2. The fund intends to hold PEPE tokens directly and plans to list on the Cboe BZX exchange, with custodians including BitGo. This application is one of several efforts by issuers to include meme coins in regulated products following the approval of spot Bitcoin and Ethereum ETFs. The amended filing clarifies details such as the trust structure, investment objective (to provide exposure to PEPE prices net of operating expenses), and issuance basket size. However, the SEC has not yet declared the registration statement effective, nor has it made any approval decision. There is no fixed deadline for review; while market participants anticipate further progress, the outcome remains uncertain. Although the ETF application has previously drawn market attention and contributed to PEPE price volatility at times, the product remains under regulatory review, and investors cannot yet gain spot exposure to PEPE through traditional securities accounts. Investors should continue to monitor subsequent SEC filings and the final decision. Previously, Justin Sun traded PEPE again after a two-year gap; his associated addresses currently hold a total of 11.8 trillion PEPE tokens at an average price of $0.000004114.