#Gate广场四月发帖挑战

#CanaryFilesSpotPEPEETF
On Wednesday, April 8, 2026, Canary Capital officially submitted a form to the SEC to launch the Canary PEPE ETF. This marks a significant step as the first official effort to bring spot-traded Pepe (PEPE) exchange-traded funds to the U.S. market.
This fund is designed as a spot ETF that will directly hold PEPE tokens with a custodian, allowing traditional investors to gain price exposure without managing digital wallets.
Interestingly, the submission mentions that the trust can hold up to 5% of its assets in Ether (ETH). This is intended to cover transaction fees on the Ethereum network, as PEPE is an ERC-20 token.
PEPE is currently the fourth-largest memecoin by market capitalization. This submission follows Canary’s aggressive push into the altcoin ETF space, joining their previous applications for XRP, Solana (SOL), Hedera (HBAR), Sei (SEI), and even more niche tokens like Mog Coin (MOG) and Pudgy Penguins.
Canary is quite transparent about the risks associated with such speculative assets:
The filing highlights that the top 10 wallet addresses hold about 41% of the circulating supply, which could lead to significant price manipulation or volatility if those "whales" move their positions.
The document acknowledges that the U.S. regulatory landscape for memecoins and the Ethereum network is still evolving, especially with ongoing debates around the CLARITY Act.
At the time of the filing, PEPE remains about 85% below its all-time high in December 2024, underscoring the highly "boom or bust" nature of the asset.
While this filing is a "bullish" signal for the legitimacy of memecoins, approval is still far from guaranteed, as the SEC has historically been more cautious with assets that lack a regulated futures market or show high ownership concentration.
$PEPE