Canary has filed an S-1 application for a new ETF, the 'Canary American-Made Crypto ETF', which will focus exclusively on cryptocurrencies with strong U.S. ties. According to Bloomberg ETF analyst Eric Balchunas, the ETF will include cryptocurrencies invented, mined, or operated primarily in the United States. This move reflects the growing trend of ETFs exploring diverse and innovative combinations to capture market interest.