Canary Staked TRX ETF Files Final Prospectus for TRXS Listing

Canary Capital filed a final prospectus on Sept. 8 for the Canary Staked TRX ETF, moving the proposed exchange-traded product toward a listing under the ticker TRXS.

The filing says trading is expected subject to a notice of issuance, so it does not establish that public trading has already begun. The Rule 424(b)(3) prospectus filed with the U.S.

Securities and Exchange Commission says the trust will hold TRX and seek exposure to the token’s price after operating expenses and other liabilities. Its secondary objective is to earn additional TRX by participating in the Tron network’s staking process.

TRXS combines direct holdings with staking The sponsor anticipates staking at least 90% of the trust’s TRX under normal circumstances.