Canary Capital announces listing of staked TRX ETF under TRXS ticker

  • Canary Capital announced the listing of the Canary Staked TRX ETF under TRXS.
  • The fund provides spot TRX exposure and incorporates staking rewards into net asset value.
  • Sept. 8 prospectus disclosures said a notice of issuance remained required before trading.

Canary Capital announced the listing of the Canary Staked TRX ETF under the TRXS ticker, offering investors spot exposure to TRX alongside staking rewards generated through the Tron network's delegated proof-of-stake process. The rewards are intended to be reflected in the fund's net asset value, providing a listed-market structure for investors seeking exposure to both the token and its staking economics. The announcement provides a further indication that the proposed fund moved beyond its Sept. 8 final-prospectus filing. That filing said issuance remained subject to a notice of issuance and did not identify an initial trading date, while existing reports said trading began on Sept. 9, 2026. The available disclosures also contain conflicting references to the intended listing venue, citing the Cboe BZX Exchange in some reports and the Chicago Stock Exchange in a later announcement. The trust is designed to hold TRX directly, target staking of at least 90% of its TRX holdings under normal conditions and retain 80% of staking rewards after aggregate custodian, staking-provider and sponsor fees equal to 20% of those rewards. BitGo Bank & Trust is named as digital-asset custodian, while U.S. Bank will provide cash custody and fund-administration services.

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