Canary Capital Files for SEC Approval of Innovative Tron ETF Featuring Staking Rewards

Investment firm Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking regulatory approval for a groundbreaking Tron-based exchange-traded fund (ETF) that incorporates staking functionality. The proposed ETF would allow investors to gain exposure to TRX while potentially earning staking rewards, marking a significant development in cryptocurrency investment vehicles. This move comes as institutional interest in blockchain-based assets continues to grow, with staking mechanisms becoming increasingly popular among yield-seeking investors. The SEC’s decision on this application could set important precedents for future crypto ETFs seeking to integrate native blockchain functionalities.

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