Canary Capital has filed an S-1 registration statement with the U.S. Securities and Exchange Commission for a spot TRX exchange-traded fund, extending a broader push by issuers to bring more crypto products to the U.S. market after spot Bitcoin and Ethereum ETF approvals. The proposed fund, which would trade under the ticker TRXS, is designed to track the price of Tron's native token directly rather than through futures contracts. If approved, it would be the first U.S. spot ETF linked to TRX. The filing follows Canary Capital's earlier applications for spot Litecoin and XRP funds and begins only part of the approval process, as the listing exchange must still submit a 19b-4 filing. The move adds to a growing wave of altcoin ETF proposals, though the SEC has yet to approve spot funds for tokens beyond Bitcoin and Ethereum and has delayed decisions on several pending applications, including Solana and XRP products.