Grayscale Investments submitted an S-1 registration statement to the SEC for a spot ETF tracking Canton Coin (CC), the native token of Canton Network, an institutional-grade blockchain backed by Goldman Sachs, Citadel Securities, and Visa.
The filing comes days after Grayscale's Hyperliquid staking ETF launched and pulled in nearly $5M in net inflows over its first two trading sessions. Management fee and listing date are yet to be disclosed.
One caveat from the filing itself: the top 100 wallets hold roughly 89% of CC's circulating supply.
