Overview

• The proposed spot fund would hold only assets developed in the U.S., predominantly minted or mined domestically, or operated mainly by U.S.-based teams.
• According to the filing, the ETF would track the Made‑in‑America Blockchain Index and hold only underlying tokens rather than futures or other derivatives.
• The trust plans to earn additional income by staking eligible proof‑of‑stake holdings, with rewards either distributed to shareholders or reinvested.
• No specific coins are listed; CoinGecko pegs the pool of U.S.-origin assets at over $520 billion, with projects often cited including XRP, Solana, Cardano, Chainlink, Stellar, Avalanche, Hedera, and Sui.
• An exchange must file a 19b‑4 for the product to list, with reports noting SEC decisions on other crypto ETFs have been pushed to October as issuers like Grayscale pursue altcoin vehicles such as an Avalanche trust.