Canary Capital Files for Spot PEPE ETF With SEC

PEPE is an Ethereum-based memecoin whose price is driven largely by social-media interest and speculative demand. It is highly volatile, with ownership concentrated among a limited number of holders. Canary Capital’s spot ETF filing signals that U.S. crypto investment products are expanding beyond Bitcoin and Ether into niche assets. The product would give investors exposure through brokerage accounts, while drawing greater scrutiny of the risks.

As of July 19, 2026, Canary Capital had filed an application for a spot PEPE ETF with the U.S. Securities and Exchange Commission. The trust plans to hold 5% of its assets in Ether (ETH) to pay Ethereum network transaction fees. Reports have not disclosed the planned fundraising amount, fees or the SEC’s review timetable.