#TRXETF attracts the attention of investors: Canary Capital has applied to the Securities and Exchange Commission (SEC) to create a TRX-ETF with staking. The financial company hopes to obtain regulatory approval to launch the first of its kind exchange-traded fund focused on the Tron token.

On April 18, the institutional crypto trading firm submitted a registration statement to the SEC for the creation of the Canary Staked TRX ETF. According to the documents, the custodian partner of the fund will be BitGo Trust Company.

"The trust intends to create a program for staking part of the assets through one or several staking infrastructure providers," the application states.