The entity, “Canary Trump Coin ETF,” was incorporated on Aug. 13, according to state records.
The registration is typically a precursor to filing an S-1 application with the U.S. Securities and Exchange Commission (SEC) and a corresponding 19b-4 form by a listing exchange.
The proposed Trump Coin ETF would give institutional investors direct exposure to the Solana-based TRUMP token, potentially injecting additional liquidity into the market and creating a regulated investment channel for what is otherwise a retail-driven asset.
The SEC has previously stated that meme coins are considered commodities, which could simplify the approval process compared to tokens deemed securities.
