Canary Capital has filed a proposal for a staked TRX exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC). The filing, which involves BitGo Trust Company as custodian, signifies growing interest in US-regulated staking products within the broader context of evolving regulatory discussions on their inclusion in ETFs. While no public comments have been made by Canary Capital leadership, a SEC approval would signal a significant step forward for this type of investment product. This move follows a trend of increased scrutiny and regulatory dialogue around staking components in crypto-related investments. 70% of the market believes this is a favorable development.