Canary Capital PEPE ETF Filing Meets Whale Pepe Coin Rallies as Whales Load 1.23 Trillion Tokens, But Pepeto Presale Offers What PEPE Never Built
CoinCentral·60-word summary·1 min read
Canary Capital filed an S-1 registration with the SEC on April 8 to launch the first spot PEPE ETF, aiming to bring the meme token into regulated investment products. Meanwhile, whales loaded 1.23 trillion PEPE tokens, and high-profile holder Steve Aoki sold 4.155 billion PEPE tokens. The presale for Pepeto offers a different approach, emphasizing utility over meme hype.
Bulgarian President Rumen Radev’s coalition won the recent election, with Radev aiming for the prime minister role. The victory could shift Bulgaria’s foreign policy, affecting its relations within the EU and NATO. The election results, announced on April 20, 2026, raise questions about coalition stability and future policy directions in Bulgaria.
Crypto ETFs attracted nearly $1.4 billion last week, with Bitcoin ETFs leading at $996 million, the highest since January. Ethereum ETFs added $276 million, Solana and XRP ETFs gained $35 million and $55 million respectively. BlackRock’s IBIT dominated Bitcoin inflows with $906 million, reflecting strong institutional interest in digital assets.
Ethereum's market cap is approximately $274 billion, significantly larger than Solana's $49 billion, maintaining its dominance in institutional crypto. Ethereum's recent Pectra upgrade enhanced throughput and staking efficiency. Meanwhile, Solana launched a developer platform for institutions in March, and Morgan Stanley filed for Solana ETFs. In Q1 2026, Solana led spot DEX trading, highlighting its growing institutional interest.
Anthony Scaramucci and Adam Back predict Bitcoin could reach $500,000 to $1 million this cycle, citing its fixed supply and rising institutional inflows. They compare Bitcoin’s potential to gold’s market value, driven by ETF investments and corporate accumulation. Bitcoin trades near current levels, with analysts optimistic about its long-term growth.
Polymarket's valuation has reached $15 billion amid a surge in prediction market investments, with the company in talks to raise an additional $400 million. Intercontinental Exchange (ICE) has already committed $600 million, and total funding could reach $1 billion with strategic investors. Rival Kalshi is valued at $22 billion after raising over $1 billion in March.
XRP rebounded 6% weekly, trading at $1.408 with a $2.96 billion 24-hour volume. The token's rally boosts its case as a global payment tool amid broader crypto correction. XRP's market cap is near $86.7 billion, ranking it fourth among crypto assets, as focus shifts to its use in cross-border payments.
