Canary's TRXS ETF brings staked TRX to US brokerage accounts
- —TRXS began trading on Cboe BZX on September 9, 2026
- —The fund holds TRX directly and stakes about 90% of holdings
- —Sponsor fee is 1.10%; staking rewards fee is capped at 20%
- —TRX market cap was around $32.1 billion at launch
Why it matters: The ETF gives institutions regulated TRX exposure through standard brokerage accounts, sidestepping rules that bar direct crypto holdings.
Source: Crypto Briefing