Canary Capital Files for Tron ETF With Staking Capabilities

The Securities and Exchange just days ago postponed its decision on Grayscale’s request to add staking to its ethereum ETF products.

Canary Capital has recently submitted an application to the Securities and Exchange Commission to introduce a Tron ETF that includes staking features. This move comes after a delay in the SEC's decision on Grayscale's proposal to include staking in its ethereum ETF offerings.

The planned ETF by Canary Capital will mirror the value of TRX, Tron's primary token, as per the filing. Key details such as the proposed ticker symbol and management fee for this ETF have not been disclosed at this time.