Canary Capital has amended its securities registration statement for a PEPE spot ETF, after initially submitting the filing to the SEC in April 2026. The proposed fund would provide regulated exposure to PEPE, an Ethereum-based memecoin, by holding the underlying asset directly. Bloomberg Senior ETF Analyst Eric Balchunas said the effort could be another sign that the crypto winter has ended, noting that such a product would have been difficult to consider only a few months ago. PEPE was trading at $0.000004223, down 4.29%, according to CoinMarketCap. The amendment does not guarantee approval but reflects continued issuer interest in speculative cryptocurrency products. PEPE has approximately $1.8 billion in market capitalization and substantial daily trading volume. Related market pricing gives XRP a 6.3% YES probability of reaching a new all-time high by December 2026. Observers are watching the SEC's response, developments involving Ripple's CEO Brad Garlinghouse and Bitcoin's price. Vera is also offering live prediction-market analysis and inviting users to sign up.