Canary Capital Submits Application for TRON-Based Exchange-Traded Fund Featuring Integrated Staking Functionality
Investment firm Canary Capital has formally filed regulatory paperwork to launch a groundbreaking TRON (TRX) exchange-traded fund (ETF) with built-in staking capabilities. The proposed financial product would allow investors to gain exposure to TRON’s price movements while simultaneously earning staking rewards through the fund’s automated yield-generation mechanism. This innovative ETF structure represents one of the first attempts to combine the benefits of cryptocurrency staking with traditional investment vehicles, potentially opening up TRON’s ecosystem to institutional and retail investors seeking both capital appreciation and passive income opportunities. The filing comes amid growing interest in crypto-based ETFs following recent approvals of spot Bitcoin and Ethereum products in major financial markets.