Canary Capital applies to the US SEC to launch TRX collateralized ETF

According to The Block, Canary Capital has submitted an S-1 filing to the US SEC to launch the Canary Staked TRX ETF. The fund will track the Tron token TRX and include a staking component. BitGo Trust Company will serve as the custodian of the ETF. Canary Capital is considering launching a series of cryptocurrency ETFs, including ETFs related to Pengu, Sui, Hedera, and Litecoin.