Canary Staked TRX ETF Proposal Adds Detail with New Filing

Canary Capital has filed Amendment No. 4 to its registration statement for the proposed Canary Staked TRX ETF, providing investors with a clearer picture of the fund's fee structure and staking approach.

The amended filing discloses a 1.10% management fee, which is in addition to any potential staking rewards that the fund may earn through participating in network validation or staking operations.

The proposed ETF would sit in the next wave of crypto products, giving traditional investors a regulated fund wrapper around TRX exposure while attempting to incorporate staking economics.