#TRXETF ETF Canary Staked TRX aims to profit from the price movement of TRX and the staking mechanism. According to the application, staking will be managed by third-party providers. BitGo Trust Company will act as the custodian, using CoinDesk Indices for price data. The size of the fee and ticker are not yet disclosed.

This proposal stands out as most crypto-ETF applicants have removed staking components from their applications to comply with SEC requirements. The direct inclusion of Canary staking clearly tests the current regulatory boundaries regarding yield characteristics.