SEC Acknowledges Canary Capital’s Staked TRX ETF Filing

The SEC has officially acknowledged Canary Capital’s filing for a Staked TRX ETF, a significant step towards regulating crypto exchange-traded funds (ETFs). This acknowledgment suggests progress in the development of these products and could impact investor participation in regulated crypto investments. Key details include: Canary Capital submitted their Form S-1 for this proposed ETF on April 18, 2025, and the SEC has officially acknowledged it on May 23, 2025. The ETF would offer investors a chance to access TRX’s native token while participating in staking benefits, potentially leading Canary Capital to become a key innovator in ETF structures.