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Canary Capital Files for First U.S. Spot CRO ETF with Crypto.com as Custodian

  • Canary Capital and Crypto.com have collaborated to create the first spot CRO ETF in the United States, aimed at providing American investors direct exposure to the price of CRO.
  • Canary Capital Group LLC has submitted an S-1 registration statement to the U.S. SEC for the proposed ETF, with Crypto.com serving as the fund's custodian and liquidity provider.
  • Eric Anziani, President and COO of Crypto.com, expressed excitement about the ETF initiative, emphasizing its role in broadening investor participation in crypto and bridging digital and traditional finance avenues.
  • This development follows the creation of the Canary CRO Trust, a private investment vehicle for authorized U.S. investors resulting from the collaboration between Canary Capital and Crypto.com.

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