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US SEC Acknowledges Canary Capital’s Staked Tron ETF Filing

In the latest crypto news, the US SEC has officially acknowledged Canary Capital’s staked Tron ETF filing. Notably, this development comes on the heels of recent delays in approving other exchange-traded funds, including the staked ETH ETF. Staked Tron ETF Soon? The US SEC released a notice on Thursday, officially acknowledging a 19b-4 filing for a Canary Capital staked Tron ETF, submitted via Cboe BZX Exchange. Sparking widespread optimism, the regulator said, “The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons.” As earlier reported by CoinGape, investment giant Canary Capital filed to launch its staked Tron ETF in April. This product aims to provide investors with a regulated pathway to tap into staking rewards and gain market exposure to a leading proof-of-stake digital asset. It is noteworthy that the asset manager has partnered with Bitgo as the fund’s custodian. Amidst the SEC’s… Read More at Coingape.com

The post US SEC Acknowledges Canary Capital’s Staked Tron ETF Filing appeared first on CoinGape.

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