Canary Capital said its proposed Canary Staked TRX ETF is coming soon under ticker TRXS, directing investors to an amended registration statement filed with the U.S. Securities and Exchange Commission on Aug. 19. The proposed fund would give investors brokerage-account exposure to TRX while also staking substantially all of its holdings through the Tron network’s proof-of-stake process. The trust would retain 80% of staking rewards, with fees capped at 20% of rewards generated. The amendment set the annual sponsor fee at 1.10% of the trust’s TRX holdings. BitGo Bank & Trust would custody TRX, U.S. Bank would safeguard cash, U.S. Bancorp Fund Services would provide administrative, accounting and transfer-agent services, and CoinDesk Indices would supply the CoinDesk Tron Benchmark Rate for calculating net asset value. TRXS is expected to list on Cboe and issue or redeem baskets of 10,000 shares using cash or TRX, subject to regulatory and operational conditions. The filing remains preliminary: the fund has no confirmed trading date, and no SEC effectiveness notice had appeared in its public filing history as of Sept. 4. The S-1 amendment is not SEC approval, and the securities cannot be sold until the registration statement becomes effective. TRX traded near $0.328 on Sept. 4, up approximately 0.6% during the session, with an intraday range of roughly $0.326 to $0.332. The fund’s next clear milestone is an SEC notice declaring the registration statement effective, potentially followed by another amendment or final prospectus with launch details.