Asset management firm Canary Capital has submitted a proposal to regulators for an exchange-traded fund (ETF) focused on Tron’s native token, TRX. This novel approach differentiates the company’s initiative by incorporating staking, generating yield alongside holding spot TRX. 4.5% annualized staking yield is expected, making the ETF attractive for investors seeking passive income alongside crypto exposure. 22-billion dollar market cap TRX, the platform’s native cryptocurrency, is underpinned by Tron’s proof-of-stake blockchain founded by Justin Sun. While filings for altcoin ETFs have become increasingly common, Canary’s inclusion of staking in its initial application is uncommon. Typically, firms seek approval to hold spot tokens before venturing into staking, a decision that has been delaying traditional Ethereum ETF approvals.