Canary Capital, a leading player in the cryptocurrency investment management space, has taken another step towards bolstering investor returns in the crypto market. The company has applied for an exchange-traded fund (ETF) named ‘Canary Staked TRX ETF,’ designed to track the TRX coin of the Tron blockchain and provide staking rewards to investors. This unique fund seeks to increase passive income by incorporating select assets on the Tron network into its staking strategy, according to SEC filings. The custody services for this fund will be provided by BitGo Trust Company, a recognized name in the sector due to its commitment to regulatory compliance and security. 🎯