Canary Capital Readies TRX ETF for Launch with Staking Participation

Canary Capital has announced that its proposed Canary Staked TRX ETF, which will trade under the ticker TRXS, is 'coming soon'.

The fund aims to track the price of TRX held by the trust while also participating in the Tron network's staking process.

According to the prospectus, the fund will allocate substantially all of its TRX to staking, with staking fees capped at 20% of generated rewards. The remaining 80% would be retained by the fund.