Canary Capital Files for First U.S. Tron (TRX) Spot ETF with Staking Rewards
Canary Capital has officially filed with the U.S. Securities and Exchange Commission (SEC) to launch a spot ETF tracking the price of Tron’s TRX token. Notably, the proposed ETF includes staking rewards, offering investors potential passive income alongside price exposure. If approved, this would be the first TRX ETF in the U.S., highlighting the growing momentum behind altcoin-based investment products.
This move comes amid a wave of altcoin ETF filings, as the market shows increasing interest in regulated crypto exposure beyond Bitcoin and Ethereum. While investor interest in staking-enabled ETFs is rising, regulatory clarity will play a critical role in the approval process.
