Canary Staked TRX ETF Discloses Fees, Staking & Details Ahead of Launch
Canary Capital has updated its S-1 form for Staked TRX ETF with the US SEC, revealing fees and other key details ahead of potential launch in coming weeks. TRX, the native token of Justin Sun’s TRON, has spiked nearly 2% over the past 24 hours.
Canary Capital filed amendment no 4 to its Staked TRX ETF with the SEC.
The issuer reveals 1.10% management fee, plans to stake 90% of TRX, and staking rewards mechanism.
TRON price jumps almost 2% amid the announcement and upcoming major upgrade.
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