Pepe Coin maintained stability as Canary Capital filed for a spot ETF with the US SEC, aiming to provide regulated exposure to the meme-based cryptocurrency. The filing, dated April 8, highlights growing institutional interest in expanding access to alternative crypto assets beyond Bitcoin and Ethereum. Pepe Coin traded near $0.00000348, marking a 5% weekly gain, though recent price action slowed amid shifting market sentiment. Despite the ETF filing, Pepe derivatives data showed weakening activity, with open interest dropping 11.93% to $189.26 million and trading volume falling 39.44% to $514.15 million. The long-to-short ratio decreased to 0.81, indicating increased bearish sentiment. Key price levels between $0.00000340 support and $0.00000370 resistance are crucial for determining Pepe's next market move, with potential breakouts or breakdowns shaping future trends.