Canary Capital just dropped their third amendment for a staked $TRX ETF ticker $TRXS
Third amendment means they're still grinding through the regulatory maze. Classic SEC dance — file, wait, amend, repeat.
Staked ETF is interesting though. You're not just holding $TRX, you're earning yield through staking. That's the play here.
But let's be real — getting a crypto ETF approved is brutal. We've seen this movie before. Lots of filings, lots of amendments, most die in committee.
Still, the fact they keep amending shows they're serious. Money's on the table, lawyers are billing hours, they're not giving up.
Worth watching if you're into $TRX or just tracking which alts might get the ETF treatment next. Market's hungry for more crypto ETF products beyond $BTC and $ETH.
Third amendment means they're still grinding through the regulatory maze. Classic SEC dance — file, wait, amend, repeat.
Staked ETF is interesting though. You're not just holding $TRX, you're earning yield through staking. That's the play here.
But let's be real — getting a crypto ETF approved is brutal. We've seen this movie before. Lots of filings, lots of amendments, most die in committee.
Still, the fact they keep amending shows they're serious. Money's on the table, lawyers are billing hours, they're not giving up.
Worth watching if you're into $TRX or just tracking which alts might get the ETF treatment next. Market's hungry for more crypto ETF products beyond $BTC and $ETH.