Canary Capital's Staking TRX ETF is designed to enhance income-generating opportunities for investors. The ETF will operate as a commodity investment trust, backed by TRX. Staking rewards earned from TRX will be reinvested into the trust, helping to boost its net asset value (NAV). Coinbase Custody Trust Company has been appointed as the custodian, and TRX pricing will be determined using CoinDesk Indices. The fund will not employ derivatives or leverage in its strategy.
