Canary Capital Launches the First US Spot Staked TRX ETF (Ticker: TRXS)
Brentwood, TN – (September 9, 2026) — Canary Capital Group LLC (“Canary Capital”), a digital asset funding administration agency, at present introduced the launch of the Canary Staked TRX ETF (Ticker: TRXS). The Fund seeks to offer publicity to the spot value of TRX, the native utility token of the TRON blockchain community.
In addition, the Fund additionally seeks to earn further TRX via participation in the TRON community’s delegated proof-of-stake validation course of, with web staking rewards mirrored in the Fund’s web asset worth.
“The Canary Staked TRX ETF brings buyers publicity to one in every of the world’s largest blockchain settlement networks via a registered exchange-traded construction, whereas additionally enabling buyers to learn from potential staking rewards,” stated Steven McClurg, CEO of Canary Capital. “As stablecoin adoption continues to develop globally, TRON has turn into a essential piece of the infrastructure powering digital asset funds and settlement. We imagine buyers are more and more trying past digital property themselves and towards the networks driving real-world blockchain adoption.”
TRON has emerged as one in every of the main blockchain networks for stablecoin exercise, supporting greater than $94 billion in circulating Tether (USDT). The chain additionally processes the highest USDT switch quantity of any blockchain, totaling roughly $5.6 trillion year-to-date. Known for its pace, scalability, and low transaction prices, the TRON community serves as essential infrastructure for decentralized finance, world funds, and blockchain-based functions.
The TRON community is ruled by TRON DAO, the community-governed Decentralized Autonomous Organization (DAO) devoted to accelerating the decentralization of the web via blockchain know-how and decentralized functions (dApps).
“The launch of the Canary Staked TRX ETF demonstrates the rising recognition of the TRON community as essential infrastructure for the world digital economic system and gives institutional buyers with a brand new strategy to entry a community that’s already powering real-world monetary exercise at scale,” stated Justin Sun, Founder of TRON. “We admire Canary Capital’s management in bringing TRX to the ETF market and welcome improvements that broaden investor participation in the TRON community whereas advancing the integration of blockchain infrastructure into conventional monetary markets.”
With the launch of the Canary Staked TRX ETF (TRXS), Canary Capital continues its mission to make digital asset investing easy, safe, and accessible whereas increasing investor entry past Bitcoin and Ethereum into the subsequent era of blockchain infrastructure.
For extra info on TRXS, click on here.
Media Contacts
Canary Capital
media@canaryetfs.com
TRON
About Canary Capital
Canary Capital is an funding administration agency that blends rigorous threat administration, strategic foresight, and modern pondering to ship personal placement methods, crypto hedge fund options, treasury administration options, and publicly traded funds, with a deal with enterprise know-how.
About TRON DAO
TRON DAO is a community-governed DAO devoted to accelerating the decentralization of the web by way of blockchain know-how and dApps.
Founded in September 2017, the TRON blockchain has skilled vital progress since its MainNet launch in May 2018. Today, TRON hosts the largest circulating provide of USD Tether (USDT) stablecoin, which at the moment exceeds $94 billion. As of September 2026, the TRON blockchain has recorded over 403 million in whole consumer accounts, greater than 15 billion in whole transactions, and over $28 billion in whole worth locked (TVL), primarily based on TRONSCAN. Recognized as the world settlement layer for stablecoin transactions and on a regular basis purchases with confirmed success, TRON is “Moving Trillions, Empowering Billions.”
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Disclosures and Risk
The Canary Staked TRX ETF (Ticker: TRXS) is an exchange-traded product that’s not registered underneath the Investment Company Act of 1940 (the “1940 Act”) and subsequently just isn’t topic to the identical laws and protections as ETFs and mutual funds registered underneath the 1940 Act. Investing includes threat, together with the attainable lack of principal. An funding in TRXS is topic to a high diploma of threat and heightened volatility and isn’t appropriate for buyers who can’t afford the lack of their whole funding.
The Fund’s funding aims, dangers, expenses and bills ought to be thought of earlier than investing. The prospectus comprises this and different essential info, and it might be obtained at https://canaryetfs.com/trxs/prospectus/. Read it fastidiously earlier than investing.
An funding in TRXS just isn’t a direct funding in TRX. Staking rewards usually are not indicative of the Fund’s efficiency, usually are not assured, and should change incessantly, together with experiencing vital declines.Digital property, equivalent to TRX, are a comparatively new asset class, and the marketplace for digital property is topic to speedy modifications and uncertainty. Digital property are largely unregulated and digital asset investments could also be extra inclined to fraud and manipulation than extra regulated investments.
TRXS is topic to speedy value swings, together with on account of actions and statements by influencers and the media, change of property, and different components. There is not any assurance that TRXS will keep its worth over the long-term.
Staking gives the Trust with the alternative to create and earn further TRX. The Trust will probably be entitled to all TRX generated by the Trust’s staking, after deduction of sure staking-related bills. This further TRX will enhance the web property of the Trust, benefiting Shareholders. Certain of such TRX could also be handled as revenue to the Trust and could also be held for future distribution to Shareholders, topic to procedures and necessities disclosed elsewhere in the Prospectus.
Staking comes with a threat of lack of TRX. None of the Fund’s property, together with any staked property, are topic to the protections loved by depositors with Federal Deposit Insurance Corporation (“FDIC”) or SIPC member establishments. The staked property might also be topic to “slashing” penalties. Slashings happen when a validator attests to 2 totally different histories of the chain and penalties happen when a validator is offline for a protracted time frame.
The Fund itself is not going to interact in staking actions, together with the operation of a validator node. Instead, the staking program will probably be administered by the Fund’s sponsor, who will make the most of service suppliers together with the custodians and staking suppliers. While the Fund’s sponsor doesn’t count on the actions of the staking suppliers to end in slashing penalties, there will be no assure that slashing penalties is not going to happen.
Furthermore, the custodians’ and staking suppliers’ legal responsibility to the Fund for the actions related to the Staking Program is proscribed, and the custodians and staking suppliers could lack the property or insurance coverage so as to assist the restoration of any losses incurred. Accordingly, there will be no assure that the Fund would get better any of its staked property, or the worth thereof, whether it is topic to slashing or penalties.
The Fund is new with a restricted working historical past.
Paralel Distributors LLC, Marketing Agent. Paralel is unaffiliated with Canary Capital.
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