Canary Capital applies to SEC to launch a TRX pledged ETF

Crypto 7x24

2025-04-19 08:20:05

1.09W

On April 19, according to Wu, Canary Capital Group submitted an S-1 document with the U.S. Securities and Exchange Commission (SEC) to launch the Canary Staked TRX ETF. The ETF will be hosted by BitGo and the NAV will be referenced to CoinDesk Indices 'price benchmark. Subscriptions and redemptions are made in cash by authorizing participants.

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