Canary Capital Group has introduced the Canary Staked TRX ETF, trading under the ticker TRXS. The fund provides exposure to the spot price of TRX, the native token of the TRON blockchain network.
The ETF is designed to generate additional TRX through the delegated proof-of-stake validation process on the TRON network. Net staking rewards will be reflected in the fund's net asset value.
The TRON network supports over $94 billion in circulating Tether. Year-to-date, the blockchain has processed approximately $5,6 trillion in USDT transfer volume.
As of September 2026, TRON reports over 403 million user accounts, more than 15 billion total transactions, and over $28 billion in total value locked.
The fund is not registered under the Investment Company Act of 1940. The sponsor will manage the staking program through third-party service providers, including custodians.
