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Canary Capital Seeks SEC Approval for Tron ETF With Staking

As filings pile up for proposed U.S. ETFs based on XRP, Solana, Dogecoin, and other assets, Canary aims to launch the first Tron fund.

The ETF applications keep coming. Canary Capital on Friday filed an S-1 prospectus with the U.S. Securities and Exchange Commission on Friday for a spot Tron ETF that would include staking capabilities. 

The staking feature of the Canary Staked TRX ETF would allow investors to earn extra yield with their investment. 

The fund’s “investment objective is to seek to provide exposure to the price of Tron,” the filing said.

Canary Capital Seeks SEC Approval for Tron ETF With Staking

As filings pile up for proposed U.S. ETFs based on XRP, Solana, Dogecoin, and other assets, Canary aims to launch the first Tron fund.

The ETF applications keep coming. Canary Capital on Friday filed an S-1 prospectus with the U.S. Securities and Exchange Commission on Friday for a spot Tron ETF that would include staking capabilities. 

The staking feature of the Canary Staked TRX ETF would allow investors to earn extra yield with their investment. 

The fund’s “investment objective is to seek to provide exposure to the price of Tron,” the filing said.

https://decrypt.co/315469/canary-capital-tron-etf-staking