Canary Capital is pushing forward with its strategic move into the altcoin ETF space, filing a new product targeting Tron (TRX). This latest initiative further solidifies their position as one of the more proactive firms seeking to capitalize on growing investor interest in tokenized investments. The newly proposed ETF, titled Canary Staked TRX ETF, aims to provide regulated market access to Tron while capturing staking rewards associated with its proof-of-stake consensus system. While specific details are under wraps, the fund’s valuation will be tied to Coindesk Indices for transparent price tracking. Canary Capital Group LLC will serve as both sponsor and manager of the ETF, with CSC Delaware Trust Company appointed as the trustee overseeing legal compliance. Their goal is to offer investors a regulated pathway to participate in staking and gain exposure to one of the more active Layer 1 blockchains on the market.