From CoinTelegraph. April 18, 2025 5:31 pm:

Canary Capital files to list an ETF holding TRX tokens, intending to stake a portion for added yield. TRX has a $22 billion market cap, generating a 4.5% yield when staked. This filing is part of a trend of ETFs holding altcoins. Tron founder Justin Sun faces SEC lawsuit for alleged price inflation.

US regulators have seen a surge in proposed crypto investment products since Trump took office. Canary has filed for ETFs holding various tokens, including Solana and memecoins like TRUMP. Analysts are skeptical about the success of non-core crypto ETFs. SEC’s stance on crypto regulation remains unclear.

Canary Capital leads the way in proposing unique ETFs, including TRX staking. The surge in altcoin ETF filings coincides with Trump’s presidency. Justin Sun’s legal troubles with the SEC add complexity to the regulatory environment. Uncertainty surrounds the future success of non-core crypto ETFs.

Read more at Cointelegraph: Canary Capital files for staked TRX ETF