TRUMP Coin Pumps 5% as Canary Capital Amends ETF Filing With New Details

TRUMP coin sees price gains amid new developments on its ETF product launch. Asset manager Canary Capital has added new details on the filing of the meme coin as it gears toward launch.

Canary Capital Adds Details on TRUMP Coin ETF Filing

According to an X post by Eric Balchunas, Canary updated its ETF filing on the meme coin with new details ahead of its potential launch. The fund was originally filed back in August 2025 in a bid to rescue its downturn.

As a result of the new filing, the TRUMP coin gained around 5%  in value in reaction to the new update. Canary Capital had initially secured its DTCC listing back in October last year.

The ETF could provide a huge liquidity boost for the coin, which has already lost more than 95% of its value. This will make it easier for conventional investors to invest in the asset without having to physically hold it.

Canary hopes to be the fourth asset manager to launch a U.S. spot meme coin ETF. Back in November, Grayscale launched the first Dogecoin ETF in the United States. Bitwise and 21Shares later joined with their ETF products later on.

However, the concern is whether the TRUMP coin ETF is bringing in capital, while the DOGE ETF continues to struggle to maintain an inflow streak. Since the fund launched last year, it has only seen $6.67 million in capital due to its meme coin status.

Trump-Linked Firm Continues ETF Push

The President’s Truth Social has built on its ETF product expansion after it previously made a filing for a Crypto Blue Chip ETF last year. The company applied for approval for the Truth Social Bitcoin ETF and the Truth Social Ether ETF. This will provide investment exposure to the two largest cryptocurrencies by market capitalization.

Although both ETFs are pending approval from the SEC, the applications are an important step forward for the politically branded investment company. When approved, the Trump coin-linked ETFs will be launched in conjunction with Crypto.com. It will act as the digital asset custodian, liquidity provider, and staking services provider for the new funds.

President Trump, one of the main owners of Truth Social, has had political difficulties with his personal connections to the crypto industry. This is currently one of the main points of contention for moving forward with the CLARITY Act in the U.S. Senate.