Canary Capital Submits S-1 for First Staked CRO ETF in the US

Canary Capital, a prominent crypto asset manager, has filed an S-1 registration with the U.S. Securities and Exchange Commission (SEC) for the first ever staked Cronos (CRO) exchange-traded fund (ETF) in the United States. This move follows the SEC’s recent clarification that proof-of-stake (PoS) activities do not qualify as securities transactions, opening new avenues for staked financial products.