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Staked TRX ETF: Canary's Bold Move or SEC's Next Regulatory Nightmare?

Staked TRX ETF: Canary's Bold Move or SEC's Next Regulatory Nightmare?

Canary Capital just threw down the gauntlet. Filing for a staked TRX ETF? That's either genius or certifiably insane, given the SEC's track record. Which is why we’re talking about an industry regulator that treats innovation as a kitten would treat a tub full of water. Is this filing a...
TRX Staking ETF? Canary Capital Bets Big Amid SEC Uncertainty

TRX Staking ETF? Canary Capital Bets Big Amid SEC Uncertainty

Canary Capital recently submitted a Form S-1 registration statement to the U.S. Securities and Exchange Commission (SEC). Their goal is to bring the first spot exchange-traded fund (ETF) to market and it’s centered around Tron (TRX). If approved, this action would be monumental considering the SEC’s long-standing opposition to crypto-related...