Canary Capital Files for Tron ETF With Staking Capabilities
The Securities and Exchange just days ago postponed its decision on Grayscale’s request to add staking to its ethereum ETF products.
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The Securities and Exchange just days ago postponed its decision on Grayscale’s request to add staking to its ethereum ETF products.
Cboe Exchange, which the ETF would be listed on, submitted a 19b-4 filing with the Securities and Exchange Commission on Tuesday.
The products are a significant step forward for the approval of a spot Solana ETF.
President Donald Trump named Paul Atkins as his pick to lead the agency but no hearing has been scheduled yet to confirm him.
The asset manager submitted paperwork with the Securities and Exchange Commission (SEC) for the fund on Wednesday.
The state’s investment board’s stake is worth more than $340 million at IBIT’s current price of $56.10.
The Commission acknowledged several applications for crypto exchange-traded funds on Thursday, a move that ties the regulator to a strict timeline for approval or denial.
The company plans to launch three ETFs later this year, all issued under the Truth.Fi brand.
2024: Bitcoin and ether spot ETFs launch, becoming history’s fastest-growing. 2025: The lines between spot crypto ETFs and direct ownership will blur.
The global investment management firm plans to launch two similar funds in February.