Canary Files Fourth Staked TRX ETF Amendment With 1.10% Fee

Canary Capital has filed Amendment No. 4 to its registration statement for the Canary Staked TRX ETF, giving investors more detail on the proposed fund’s fee structure and staking approach.

The filing, submitted on August 19, discloses a 1.10% management fee. It also outlines a staking strategy under which up to 90% of the trust’s assets could be staked.

That makes this more than a routine ETF paperwork update.

The proposed fund would not simply hold TRX as a passive asset. It would introduce staking into the ETF wrapper, creating a different risk and return profile from a standard spot crypto fund.

Still, the most important detail is regulatory status: the ETF has not been approved. This is a registration amendment, and the required 19b-4 rule change process remains separate.

TL;DR

• Canary filed Amendment No. 4 for its proposed Staked TRX ETF.
• The filing discloses a 1.10% management fee.
• Up to 90% of trust assets could be staked, but the ETF has not been approved.

Why The Staking Detail Matters

Staking changes the nature of a crypto ETF.

A standard spot ETF gives investors exposure to an asset’s price. A staked ETF adds another layer because the fund may earn rewards from participating in network validation or staking operations.