Canary Capital Requests SEC Nod for Tron ETF With Staking Capabilities

Quick Summary:

Canary Capital has requested from the US Securities and Exchange Commission (SEC) approval to create a Tron-based exchange-traded fund (ETF) that supports staking functions.

The firm has not yet disclosed the proposed ticker symbol or any administration fee for the product.

It could provide investors with additional yield, but it remains a contentious issue in the regulatory landscape.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesChinaHong KongUnited States

Topics: SEC Tron ETF Market Updates Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-19 @ 07:00:36 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 267 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27991803

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 4 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 14 hours ago

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