Canary Capital Files for First-Ever TRX Spot ETF with SEC

U.S.-based asset manager Canary Capital has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) seeking approval to launch an innovative exchange-traded fund (ETF). This new fund will focus on Tron’s native token, TRX, offering investors direct exposure to the cryptocurrency within a regulated framework. Notably, this marks one of the first attempts in the US to seek SEC approval for staking alongside spot token holdings.