On Wednesday, Canary Capital filed with the US Securities and Exchange Commission for a Pepe memecoin exchange-traded fund, the latest in a growing list of memecoin ETF applications from the firm. The frog-themed memecoin, based on the popular character created by Matt Furie, is obscure compared to other crypto assets to get the ETF treatment. Yet there’s still plenty of reasons both retail investors and institutions might want to invest. Institutional investors could use a Pepe ETF to capture crypto m ...