CoinScoopCanary Capital to launch first US-based Tron staking ETF
Canary Capital confirmed the launch of the Canary Staked TRX ETF (TRXS) on the Chicago Board Options Exchange on September 9. The fund will hold TRX tokens and earn staking rewards, which will be reflected in the net asset value rather than distributed directly to investors. BitGo will serve as the custodian, and Luganodes will provide staking services.
Summaries are written by AI from the original article. Not investment advice.