Trader Boat

#CanaryCapitalFilesStakedTRXETF Canary Capital just took a significant step forward with their Staked TRX ETF. On Friday, they filed a Pre-Effective Amendment No. 1 to the S-1 form—a clear sign the project is moving through the regulatory pipeline. The key update here is that staking rewards are now officially included as a "secondary investment objective". This is a major shift, as other altcoin ETF filings have largely kept staking out due to regulatory concerns. By making it part of the plan, Canary is offering investors a way to potentially generate yield, making this a truly distinct product. The amendment also fills in a lot of the operational blanks. The filing names U.S. Bank as the cash custodian and BitGo as the crypto custodian, giving the fund a solid institutional backbone. If approved, this would be the first ETF of its kind in the U.S., bridging TRX's yield-generating capabilities with traditional finance. For institutions, it provides a regulated way to gain exposure to staked assets without the technical hurdles. This could be a real game-changer for connecting the TRON ecosystem with Western capital markets.