TimesTabloid
2025-08-25 14:20:57

XRP Is Set to Benefit As the Biggest American-made Crypto. Here’s the Latest

Crypto influencer Amelie reported that Canary has submitted a Form S-1 registration statement with the U.S. Securities and Exchange Commission for a spot exchange-traded fund named the “Canary American-Made Crypto ETF.” The fund is described as one that would hold cryptocurrencies developed, mined, or operated in the United States. The filing was made under the Securities Act of 1933 and is intended to bring the product to market once regulatory review is complete. The registration document, as shown in the image Amelie shared, lists Canary Capital Group LLC as the entity behind the fund. The filing also includes the names of attorneys from Chapman and Cutler LLP, based in Chicago, Illinois, as the legal representatives. The document is structured in the standard S-1 format, which outlines details for public offering applications. BREAKING NEWS: CANARY FILED FOR A SPOT “AMERICAN-MADE CRYPTO ETF” TO HOLD COINS DEVELOPED, MINED OR OPERATED IN THE U.S. #XRP IS THE #1 DIGITAL ASSET BY MARKET CAP MADE IN THE USA! pic.twitter.com/sZeXV6koA4 — 𝓐𝓶𝓮𝓵𝓲𝓮 (@_Crypto_Barbie) August 25, 2025 Emphasis on “American-Made” Criteria Amelie’s post underlined that the ETF is specifically designed to focus on assets with a U.S. connection, whether through development, mining, or operational activity. This framing distinguishes the fund from other spot crypto ETF applications that are not based on geographic criteria. The filing itself does not yet list the specific assets that will be included, as the first page shown in the image contains only introductory details. However, the description points to an investment strategy that filters eligible cryptocurrencies based on their links to the United States. XRP Identified as Leading Asset In her post, Amelie stated that XRP is the number one digital asset by market capitalization that qualifies under the “American-made” definition. This claim is presented as a significant point in relation to the ETF’s framework. While the filing document attached does not provide a list of assets or rankings, Amelie positioned XRP as the top U.S.-linked cryptocurrency in terms of market value. The emphasis reflects the view that XRP holds a primary role among assets that could potentially be included in the ETF’s structure . We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Regulatory Path Ahead The Form S-1 filing is an initial step in the process of launching a publicly traded product. The SEC will review the filing and may require revisions or additional disclosures before the registration can become effective. Only after clearance from the regulator can the fund move toward listing and trading. Details such as custody arrangements, pricing methodology, index criteria, and authorized participants are not visible in the image shared, but would be specified in the full document or subsequent amendments. Amelie’s reporting draws attention to the filing itself and the focus on U.S.-oriented digital assets. The mention of XRP’s position adds further context to how the product might be viewed if approved. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Is Set to Benefit As the Biggest American-made Crypto. Here’s the Latest appeared first on Times Tabloid .

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