The post Official Trump Price Rebounds As Canary Capital Files For Spot TRUMP ETF appeared first on Coinpedia Fintech News Canary Capital, a top-tier asset manager, has filed for a spot Trump coin ETF today. According to the SEC filing, Canary Capital filed for the Canary Trump Coin ETF to offer investors direct exposure to the TRUMP memecoin without the need for holding the token directly. The fund manager did not stipulate the management fees …The post Official Trump Price Rebounds As Canary Capital Files For Spot TRUMP ETF appeared first on Coinpedia Fintech News Canary Capital, a top-tier asset manager, has filed for a spot Trump coin ETF today. According to the SEC filing, Canary Capital filed for the Canary Trump Coin ETF to offer investors direct exposure to the TRUMP memecoin without the need for holding the token directly. The fund manager did not stipulate the management fees …

Official Trump Price Rebounds As Canary Capital Files For Spot TRUMP ETF

2 min read
TRUMP Memecoin Listed on SUN.io

The post Official Trump Price Rebounds As Canary Capital Files For Spot TRUMP ETF appeared first on Coinpedia Fintech News

Canary Capital, a top-tier asset manager, has filed for a spot Trump coin ETF today. According to the SEC filing, Canary Capital filed for the Canary Trump Coin ETF to offer investors direct exposure to the TRUMP memecoin without the need for holding the token directly.

The fund manager did not stipulate the management fees in the S-1 filing, as amendments may happen later in the process. Additionally, Canary Capital did not provide key details of the provider for custody services or the specific exchange where the ETF will be traded.

TRUMP Price Rebounds on Canary Spot ETF Application 

According to our crypto oracles, TRUMP price rebounded from an intraday low of about $8.07 to trade at about $8.37 after the news of the Canary Trump Coin ETF application. The mid-cap memecoin, with a fully diluted valuation of about $8.3 billion, has, however, dropped over 5 percent in the last seven days amid the ongoing wider crypto correction.

The organic demand for the TRUMP meme by institutional investors will play a crucial role in its long-term growth. Moreover, the Trump coin has already been implemented as a treasury management tool for Trump Media & Technology Group (TMTG) and Crypto.com.

A New Trend Emerges 

The organic demand for Solana (SOL)-based memecoins – led by Pudgy Penguins (PENGU) and TRUMP – has emerged. In addition to Canary Capital, REC Shares in partnership with Osprey Fund filed with the U.S. SEC earlier this year for a spot TRUMP ETF.

Asset manager Tuttle Capital has also filed with the U.S. SEC for a spot TRUMP ETF. The three distinct fund managers seeking to offer spot TRUMP ETFs legitimize the organic demand for the memecoin.

Furthermore, the Solana ecosystem has recorded a significant growth in memecoins following the notable growth of Pump.fun launchpad.

Market Opportunity
OFFICIAL TRUMP Logo
OFFICIAL TRUMP Price(TRUMP)
$4.175
$4.175$4.175
-1.41%
USD
OFFICIAL TRUMP (TRUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million

Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million

The post Michael Saylor’s Strategy follows Metaplanet, adding 6,269 BTC worth $729 million appeared on BitcoinEthereumNews.com. The two giant BTC holders, Strategy and Metaplanet, have stirred the waters despite the FUD in the Bitcoin market by acquiring a total of 6,269 Bitcoins. According to reports, Strategy has acquired 850 BTC while Metaplanet has acquired a bumper 5,419 tokens. Michael Saylor’s Strategy, the world’s largest corporate Bitcoin holder, purchased BTC worth $99.7 million at $117,344 per Bitcoin. This has brought its total Bitcoin holdings to 639,835 BTC, acquired for about $47.3 billion at $73,971 per Bitcoin. JUST IN: Strategy buys 850 BTC for $99.7M at $117,344 per BTC. Now holds 639,835 $BTCTotal spent: $47.33B Avg cost: $73,971 per BTCYTD BTC yield: 26.0% https://t.co/7iv2difHzR pic.twitter.com/O8WfDpJDxQ — Cryptopolitan (@CPOfficialtx) September 22, 2025 On the other hand, as reported by Cryptopolitan, Metaplanet purchased BTC worth $632.53 million at an average price of roughly $116,724 per Bitcoin. This has brought its total BTC holdings to 25,555 BTC, which was acquired for approximately $2.7 billion and purchased at an average price of $106,065 per BTC. Strategy slows down BTC purchase while Metaplanet adds speed The US company’s most recent Bitcoin purchase is in line with a recent trend of small purchases, showing a slowdown compared to the big purchases seen earlier this year. Strategy bought 3330 Bitcoin in September, which is a big drop from the 7,714 BTC it bought in August and a 75% drop from the 31,466 BTC it bought in July. In line with Bitcoin, Strategy’s stock has dropped about 2% in the last 30 days. Starting in 2020, the company put most of its money into Bitcoin. It used a mix of debt and stock to buy huge amounts of BTC, which turned the business intelligence software company into a Bitcoin giant. Still, the stock has gone up 2,200% since it started buying BTC. On the other hand,…
Share
BitcoinEthereumNews2025/09/22 22:54
Payward Revenue Hits $2.2 Billion as Kraken Exchange Reports Strong 2025 Growth

Payward Revenue Hits $2.2 Billion as Kraken Exchange Reports Strong 2025 Growth

TLDR Payward, Kraken’s parent company, earned $2.2 billion in 2025, a 33% increase from 2024’s $1.6 billion Trading revenue and asset-based services each contributed
Share
Blockonomi2026/02/04 20:11
Super Micro Computer (SMCI) Stock: Revenue Soars Past $12B on AI Server Boom

Super Micro Computer (SMCI) Stock: Revenue Soars Past $12B on AI Server Boom

TLDR Revenue hit $12.7 billion, crushing $10.42 billion estimate and up 123.4% year-over-year EPS of $0.69 beat consensus $0.49 by 40.8% in fiscal Q2 Q3 guidance
Share
Blockonomi2026/02/04 20:36