Overview

• The proposed spot fund would track the Made-in-America Blockchain Index and restrict holdings to digital assets with strong U.S. ties such as development, primary mining or minting, or operations based in the United States.
• The trust plans to hold underlying tokens rather than futures or swaps, with the option to participate in staking or validation on eligible proof-of-stake networks to earn rewards.
• Canary’s filing does not name specific coins, though market data providers estimate more than $520 billion in digital assets could fit broad U.S.-origin criteria, a classification that remains open to interpretation.
• The ETF is intended to list on the Cboe BZX Exchange under the ticker MRCA, with trading contingent on a separate 19b-4 filing and the SEC declaring the registration effective.
• Risk disclosures describe the product as speculative with the possibility of total loss, noting the structure is outside the Investment Company Act of 1940 and not regulated by the CFTC.