Grayscale has filed a preliminary S-1 registration statement for the Grayscale Canton ETF, a proposed spot crypto fund designed to give investors brokerage-account exposure to Canton Coin, the native utility token of Canton Network. The proposed trust would hold CC directly and issue shares representing fractional ownership in the fund. Its objective is to reflect the value of CC held by the trust, less expenses and liabilities, using the CoinDesk Canton Coin Benchmark Extended Rate as the reference index.