Canary Capital Launches the First U.S. Spot Staked TRX ETF (Ticker: TRXS)

1h ago•

bullish:

bearish:

Brentwood, TN – (September 9, 2026) — Canary Capital Group LLC (“Canary Capital”), a digital asset investment management firm, today announced the launch of the Canary Staked TRX ETF (Ticker: TRXS). The Fund seeks to provide exposure to the spot price of TRX, the native utility token of the TRON blockchain network. In addition, the Fund also seeks to earn additional TRX through participation in the TRON network’s delegated proof-of-stake validation process, with net staking rewards reflected in the Fund’s net asset value.

“The Canary Staked TRX ETF brings investors exposure to one of the world’s largest blockchain settlement networks through a registered exchange-traded structure, while also enabling investors to benefit from potential staking rewards,” said Steven McClurg, CEO of Canary Capital. “As stablecoin adoption continues to grow globally, TRON has become a critical piece of the infrastructure powering digital asset payments and settlement. We believe investors are increasingly looking beyond digital assets themselves and toward the networks driving real-world blockchain adoption.”

TRON has emerged as one of the leading blockchain networks for stablecoin activity, supporting more than $94 billion in circulating Tether (USDT). The chain also processes the highest USDT transfer volume of any blockchain, totaling approximately $5.6 trillion year-to-date. Known for its speed, scalability, and low transaction costs, the TRON network serves as critical infrastructure for decentralized finance, global payments, and blockchain-based applications. The TRON network is governed by TRON DAO, the community-governed Decentralized Autonomous Organization (DAO) dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps).

“The launch of the Canary Staked TRX ETF demonstrates the growing recognition of the TRON network as critical infrastructure for the global digital economy and provides institutional investors with a new way to access a network that is already powering real-world financial activity at scale,” said Justin Sun, Founder of TRON. “We appreciate Canary Capital’s leadership in bringing TRX to the ETF market and welcome innovations that broaden investor participation in the TRON network while advancing the integration of blockchain infrastructure into traditional financial markets.”

With the launch of the Canary Staked TRX ETF (TRXS), Canary Capital continues its mission to make digital asset investing simple, secure, and accessible while expanding investor access beyond Bitcoin and Ethereum into the next generation of blockchain infrastructure.

For more information on TRXS, click here.

Media Contacts

Canary Capital
media@canaryetfs.com

TRON

press@tron.network

About Canary Capital

Canary Capital is an investment management firm that blends rigorous risk management, strategic foresight, and innovative thinking to deliver private placement strategies, crypto hedge fund solutions, treasury management solutions, and publicly traded funds, with a focus on enterprise technology.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Today, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $94 billion. As of September 2026, the TRON blockchain has recorded over 403 million in total user accounts, more than 15 billion in total transactions, and over $28 billion in total value locked (TVL), based on TRONSCAN. Recognized as the global settlement layer for stablecoin transactions and everyday purchases with proven success, TRON is “Moving Trillions, Empowering Billions.”