Canary Capital Submits TRX Staking ETF Application to US SEC

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

CNR.N-0.99%

Source: Coinmarketcap

Updated: Apr 19 2025

Canary Capital's TRX Staking ETF Proposal: Canary Capital has applied to the U.S. SEC for a TRX Staking ETF, aiming to generate yield through staking TRX tokens while also planning additional crypto ETFs, which could influence market dynamics and institutional interest in the TRON network.
Potential Regulatory Impact: The SEC's decision on this ETF could set a precedent for future crypto ETF legislation, particularly regarding staking, and may reflect evolving regulatory attitudes towards cryptocurrencies, with the TRON community cautiously optimistic about the outcome.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Canary Capital Submits TRX Staking ETF Application to US SEC

About the author

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