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Canary Capital has submitted an amended securities registration statement to the U.S. SEC for a PEPE spot ETF, Bloomberg Senior ETF Analyst Eric Balchunas said. Balchunas said Canary Capital’s push to launch a PEPE spot ETF could be another sign the crypto winter has ended, adding that just a few months ago it would have been difficult even to consider such a product, while improved market conditions now appear to support testing its launch.
PEPE was trading at $0.000004223, down 4.29%, according to CoinMarketCap.