Canary Capital Seeks SEC Approval for Spot Tron ETF with Staking Feature

Canary Capital has filed an application with the U.S. Securities and Exchange Commission (SEC) for a spot TRON exchange-traded fund (ETF) that includes a staking component. The proposed Canary Staked TRX ETF aims to provide investors with direct exposure to Tron (TRX), the ninth-largest cryptocurrency by market capitalization, while also allowing them to earn additional rewards through staking. This development marks a significant step in the integration of staking mechanisms into traditional investment vehicles, potentially offering a new avenue for crypto enthusiasts to gain passive income. As of April 21, 2025, the SEC’s decision on this innovative ETF proposal is eagerly awaited by the crypto community.

Canary Capital Files for Spot Tron ETF with Staking Feature

Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a spot TRON exchange-traded fund (ETF) that includes a staking component. The proposed Canary Staked TRX ETF aims to offer investors direct exposure to Tron (TRX), the ninth-largest cryptocurrency by market capitalization, while enabling them to earn additional rewards through staking. Staking allows holders of proof-of-stake (PoS) cryptocurrencies to contribute to network security and operations in exchange for periodic rewards. However, incorporating staking into an ETF has become a point of regulatory scrutiny amid SEC hesitation.

Tron (TRX) and Ruvi AI (RUVI) Make Waves in Crypto Space

Tron (TRX) has made headlines with its ambitious plans, but Ruvi AI (RUVI) is capturing the attention of forward-thinking investors. Ruvi AI is a blockchain-AI integration platform that offers tangible solutions to real-world problems through its superapp, which automates workflows and optimizes operations for businesses, developers, and creators. The platform’s $RUVI token, available during the presale for just $0.01 per token, is set to power the ecosystem. With an 18,900% potential ROI, Ruvi AI stands out as a practical and lucrative investment opportunity in the crypto market.

Tether Mints $10B USDT on TRON in 2025

Tether has minted $10B USDT on TRON since the start of 2025, with the latest 1B tokens moved to the Tether Treasury wallet. TRON remains a top network for USDT transfers, with over 64M wallets holding over 69.71B USDT tokens.