Canary Capital has registered the Canary Trump Coin ETF in Delaware, signaling a notable shift in the meme coin market. This registration, dated August 13, suggests plans to launch a spot ETF linked to the Solana-based meme coin, $TRUMP. The move underscores growing institutional interest in meme coins, which have traditionally been driven by retail investors and market hype. Canary Capital CEO Steven McClurg sees altcoin ETFs as an opportunity to invest in undervalued digital assets. The potential approval of meme coin ETFs could enhance market liquidity and draw more attention to leading meme coins such as TOKEN6900 ($T6900), Snorter Token ($SNORT), and $PENGU. These tokens are noted for their unique features, ranging from internet humor to genuine trading functionality and significant partnerships. As meme coins enter a more regulated phase, retail traders may encounter new opportunities and challenges.