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Canary Capital Seeks Regulatory Approval for Innovative Tron ETF Featuring Integrated Staking Mechanism

Canary Capital Seeks Regulatory Approval for Innovative Tron ETF Featuring Integrated Staking Mechanism

Author:
CoindeskEN
Published:
2025-04-18 21:07:15
18
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Canary Capital Files for Tron ETF With Staking Capabilities

Investment firm Canary Capital has submitted an application to regulatory authorities for a groundbreaking Tron-based exchange-traded fund (ETF) that incorporates native staking functionality. The proposed financial product would mark a significant development in cryptocurrency investment vehicles, combining the liquidity benefits of traditional ETFs with the yield-generating potential of proof-of-stake blockchain networks. This move comes amid growing institutional interest in structured crypto investment products and follows similar filings for other major digital assets. The staking feature, if approved, would allow investors to passively earn rewards while maintaining exposure to TRX price movements through a regulated investment vehicle.

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