Canary Capital Seeks SEC Approval for Tron ETF with Staking

Asset manager Canary Capital has submitted a request to the U.S. Securities and Exchange Commission (SEC) to launch a Tron-based exchange-traded fund (ETF) that incorporates staking features. The proposed ETF, dubbed ‘Canary Staked TRX ETF’, aims to track the price of Tron’s native token TRX. While this filing awaits SEC approval amid lingering regulatory uncertainties, the market is optimistic about the potential for staking-enabled ETFs. ]