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SEC Greenlights Canary Capital’s Staked TRX ETF—Crypto’s Latest Shot at Mainstream Legitimacy

SEC Greenlights Canary Capital’s Staked TRX ETF—Crypto’s Latest Shot at Mainstream Legitimacy

Author:
Coingape
Published:
2025-05-23 05:38:15
15
1

Wall Street’s watchdog finally blinks—staked crypto ETFs are now in play.

Canary Capital’s TRX gambit gets the nod, proving even regulators can’t ignore yield-hungry investors.

Another brick in the wall of ’institutional adoption,’ or just more fodder for the next crypto bubble? Only your portfolio will know for sure.

The SEC has officially acknowledged Canary Capital’s filing for a Staked TRX ETF. This step moves the proposal closer to approval, potentially allowing investors to gain exposure to staked TRON ($TRX) through an easy-to-access exchange-traded fund. If approved, it could open new opportunities for crypto investors looking to benefit from staking rewards while investing in a regulated product. This marks another important moment in the growing crypto ETF landscape.

|Square

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