Canary Capital Files for Staked TRX Crypto ETF

Canary Capital Files for Staked TRX Crypto ETF

U.S. asset manager Canary Capital has formally submitted a proposal to launch an exchange-traded fund (ETF) tied to the Tron blockchain network’s native token, TRX, according to recent regulatory filings. Distinctively, the proposed fund aims not only to hold spot TRX but also to stake a portion of its holdings to generate additional yield. According to data from Stakingrewards.com, staking TRX currently offers an annualized yield of app...

Canary Capital Files for Staked TRX Crypto ETF Coinatory

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