Canary Staked TRX ETF to Begin Trading on Cboe on Sept. 9
Suehyeon Lee
Summary
- Canary Capital’s staked Tron (TRX) exchange-traded fund (ETF) is set to list on Cboe in the U.S.
- The Canary Staked TRX ETF will begin trading on Cboe on Sept. 9 under the ticker TRXS.
- The listing stands to expand the U.S. cryptocurrency ETF market beyond Bitcoin (BTC) and Ether (ETH) to include Tron.
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Canary Capital’s staked Tron exchange-traded fund is set to list on Cboe in the U.S.
ETF analyst Henry Jim said on Sept. 7 that the Canary Staked TRX ETF will begin trading on Cboe on Sept. 9. The ticker is TRXS.
The fund invests in Tron’s TRX token and seeks additional yield through staking. Canary Capital filed the related prospectus with the U.S. Securities and Exchange Commission on Aug. 19.
The listing stands to expand the U.S. cryptocurrency ETF market beyond Bitcoin and Ether to include Tron.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.