Canary Capital PEPE Spot ETF Application

Asset management firm Canary Capital filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on Wednesday for a spot exchange-traded fund (ETF) linked to the PEPE memecoin. The ETF will track PEPE's performance, and all of the fund's PEPE will be held by a custodian. The fund will be able to hold up to 5% of its assets in Ether (ETH) to pay Ethereum network transaction fees.

Pepe rose 6.06% in the last 30 days. Source: CoinMarketCap

On April 22, 2026, Bitcoin ETFs saw $335.8 million in net inflows, while Ethereum ETFs saw $96.4 million in inflows. These positive flows are promising for altcoin ETFs like PEPE. Canary Capital also offers ETFs tracking XRP, Solana (SOL), Hedera (HBAR) and SEI; it recently filed for Mog Coin.

Critical Support and Resistance Levels for PEPE

PEPE ranks 45th by market cap, about 9% the size of Dogecoin (DOGE). It has 513,392 holders, with the top 10 wallets holding 41% of the circulating supply. It's trading 85% down from its December 2024 peak (24h: -%3.16, RSI: 54.09, sideways trend).

• Supports: S1: $0.0000 (Strong, 60%, -6.31% distance); S2: $0.0000 (Medium, 51%, -17.77%)
• Resistances: R1: $0.0000 (Strong, 74%, +3.74%); R2: $0.0000 (Medium, 52%, +20.63%)

The application highlights the evolution of U.S. regulations for PEPE and Ethereum usage. For detailed review, see PEPE detailed analysis and DOGE futures.

Frequently Asked Questions About the PEPE ETF Application

• When will the PEPE spot ETF be approved? SEC review may take months, like Bitcoin/ETH ETFs.
• Will PEPE price rise with the ETF? Positive flows (BTC/ETH inflows) are supportive, but RSI is neutral.
• Why is ETH in the PEPE ETF? Max 5% ETH will be held for Ethereum fees.