Who is Canary Capital that frequently submits ETF applications? Fake ETF applications become disguised advertising business "(author PANEWS) The founder of Canary Capital is Steven McClurg, who is also a co-founder of Valkyrie Funds, and Sun Yuchen is also an investor in Valkyrie. The low cost of submitting S-1 documents may be one of the reasons for the recent large number of applications for altcoin ETFs, which only require $100000. Canary has successively applied for SUI, Axelar, LTC, AXL, Solana, XRP, and so on. The latest application for PENGU ETF has sparked widespread controversy. read the whole passage: https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=47&id=39872