• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Canary Capital Files for Staked TRX ETF with SEC

189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Key Points:

  • Canary Capital targets TRX ETF amid US staking talks.
  • Involves BitGo Trust as the custodian.
  • SEC approval pending, no public leadership comment.

canary-capital-files-for-staked-trx-etf-with-sec
Canary Capital Files for Staked TRX ETF with SEC

This filing is pivotal as it reflects growing interest in US-regulated staking products amid ongoing regulatory dialogues regarding staking in ETFs.

Canary Capital, based in Nashville, submitted a proposal for a staked TRX ETF, appointing BitGo Trust Company as custodian. The involvement of BitGo adds credibility due to their established role in crypto custody.

Related articles

Polymarket Predicts Bitcoin at $115,000 by July 2025

July 11, 2025

Robinhood Introduces Ethereum and Solana Staking in the U.S.

July 11, 2025

Public disclosure led to a minor price increase in TRX, priced at approximately $0.24 at filing. Market impact is being closely observed by investors and stakeholders.

This event may influence financial and regulatory stances on crypto ETFs, particularly given the SEC’s cautious approach to staking components in these products.

Insights suggest heightened attention on how the SEC will address staking incorporation. The outcome of this filing has potential to shape future crypto investment landscapes significantly, considering global competition.

“Current SEC policy disadvantages U.S. asset managers compared to their international competitors. We urge the Commission to revisit the exclusion of staking in crypto ETPs.” — Senator Cynthia Lummis, U.S. Senate


Share76Tweet47

Related Posts

Polymarket Predicts Bitcoin at $115,000 by July 2025

by shark
July 11, 2025
0

Crypto prediction platform Polymarket suggests a 76% chance Bitcoin reaches $115,000 by July 2025.

Robinhood Introduces Ethereum and Solana Staking in the U.S.

by shark
July 11, 2025
0

Robinhood launches Ethereum and Solana staking for U.S. users, enhancing retail participation.

HSBC Conducts e-HKD+ Tests Across Multiple Blockchains

by shark
July 11, 2025
0

HSBC has conducted blockchain experiments under Project e-HKD+ guided by the Hong Kong Monetary Authority for their CBDC initiative.

U.S. Treasury Revokes 2024 Crypto Broker Reporting Rule

by shark
July 11, 2025
0

U.S. Treasury dismantles 2024 crypto broker reporting obligations, easing compliance burdens for DeFi platforms.

BNB Chain Executes 32nd Quarterly Token Burn

by shark
July 11, 2025
0

BNB Chain completes a substantial token burn, reducing supply by over 1.5M BNB, aiming for long-term deflationary effects.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Polymarket Predicts Bitcoin at $115,000 by July 2025
  • Robinhood Introduces Ethereum and Solana Staking in the U.S.
  • HSBC Conducts e-HKD+ Tests Across Multiple Blockchains
  • U.S. Treasury Revokes 2024 Crypto Broker Reporting Rule
  • BDAG Referral Rewards Push Presale Higher! XLM Technical Updates, BNB forecast Inside
  • BNB Chain Executes 32nd Quarterly Token Burn
  • GameSquare Completes Initial $5M Ethereum Purchase
  • KuCoin Passes Hacken’s Proof of Reserves Audit
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7