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Canary Capital Bets Big on Cronos: Staked ETF Filing Hits SEC Desk
Canary Capital Bets Big on Cronos: Staked ETF Filing Hits SEC Desk
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Wall Street’s latest crypto play just went live—Canary Capital is diving headfirst into staked yield with its freshly filed S-1 for a Cronos ETF. Because what’s better than holding volatile assets? Leveraging them for passive income while regulators play catch-up.
The filing signals growing institutional appetite for proof-of-stake chains—even as traditional finance still can’t decide if crypto is an asset class or a nuisance. Cronos, the Crypto.org Chain’s EVM-compatible sidekick, now joins the ETF arms race alongside Bitcoin and Ethereum heavyweights.
One cynical take? After years of fighting spot Bitcoin ETFs, the SEC might just fast-track this one—Wall Street always finds a way to monetize the tech it once mocked. Game on.
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