Major Asset Manager Files for TRUMP ETF With Higher Risk

Canary Capital filed to create a TRUMP ETF, making it the third such firm to attempt this feat. However, Canary is using a different structure than the previous efforts, which could make this product more lucrative. However, ETF analyst Eric Balchunas claimed that this product cannot meet the requirements for a ’40 Act ETF. Therefore, the SEC’s reaction could serve as a useful barometer for its overall outlook source: https://beincrypto.com/trump-etf-canary-sec-filiing-approval-concerns/