Canary Capital Files for Tron ETF With Staking Capabilities
Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.
Keep up with what's happening in the crypto world in real-time.
Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.
Ivan Soto-Wright, CEO of cryptocurrency payment firm MoonPay, is calling on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoins.In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when it comes to stablecoin regulation, referencing efforts in the House of Representatives and Senate to create a federal regulatory framework. Lawmakers are considering whether to pass the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, in the Senate and the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act, in the House.
Without sufficient absorption, the risk of continued structural compression remains elevated.
Arizona is also leading the crypto reserve legislation race and Galaxy Research proposed a new voting system for Solana emissions.
Canary Capital is looking to get the SEC's sign-off for an ETF that would track the Tron token TRX and has a staking component.
The proposal echoes Solana's recent SIMD-228, which sought to curb inflation on the network, but was voted down by validators in March.
Vietnam's Ministry of Finance is partnering with Bybit to launch a pilot regulated crypto trading platform, aiming to enhance transparency, investor protection, and risk management in one of the world's most active digital asset markets. The post Bybit Backs Vietnam's Crypto Trading Pilot with Tech and Risk Support appeared first on Cryptonews.
Canadian billionaire Frank Giustra has opined that Bitcoin, the leading cryptocurrency by market cap, is merely a speculative tool:
Dogecoin (DOGE) has been fluctuating since the price dip on March 10.
This week on Public Keys: Reading tea leaves during Circle and eToro quiet periods, Bitcoin miners selling a lot of Bitcoin, and Semler's plan for paying the DOJ.
Tokenized stocks are on track to exceed $1 trillion in market capitalization in the coming years as adoption accelerates, two industry executives said at the TokenizeThis conference in New York. The total addressable market for tokenized stocks — a type of tokenized real-world asset (RWA) — is difficult to project but is “definitely a bigger trillion-dollar market,” Arnab Naskar, STOKR's CEO, said during an April 16 panel at the event.
Kyrgyzstan has officially authorized the development of a central bank digital currency (CBDC) following the passage of new legislation signed by President Sadyr Zhaparov, granting legal tender status to a future “digital som.
Strategy chairman Michael Saylor, a vocal promoter of Bitcoin, stoked renewed chatter among crypto circles with his recent enigmatic tweet. Thursday's message stating merely “Bitcoin is Calling” left many asking if a forthcoming significant purchase looms.
Bitcoin ETFs snapped back with a $108 million inflow on Thursday, April 17, recovering nearly two-thirds of the prior day's outflow thanks to strong entries into Blackrock and Fidelity products. Ether ETFs, meanwhile, were frozen in place with no net flows.
Colosseum is something like a hackathon organizer mixed with Y Combinator for Solana startups. I tend to view its hackathon entries as a proxy for what Solana builders are interested in, and I see its hackathon winners as a potential proxy for what Solana venture investors find valuable.
A Brazilian court has sentenced the men behind Bitcoin investment scam Braiscompany to a combined 170 years behind bars.
Even though XRP recently dropped below the psychological threshold of $2 due to intensified volatility, the fourth-largest cryptocurrency's network remains robust.
Bitcoin has spent the past week locked in a sideways range after rejecting from a swing high. Volatility has dried up, and price action remains muted as the market coils tighter.
Having traversed murky waters, all hope is not lost for Ethereum (ETH) after recently reclaiming the psychological threshold of $1,600.
Solana's dApp ecosystem earned more than all other chains combined in the last 12 months, with a revenue of $2.8 billion.
GBP/USD and EUR/USD perpetual futures will be available on Kraken Pro, the exchange's product offering more technical tools for advanced traders launched in 2022.
Canary's ETF filing could accelerate mainstream crypto adoption by simplifying access to TRX investments and staking rewards. The post Canary files for TRON spot ETF with staking feature appeared first on Crypto Briefing.
American asset management company Canary Capital has taken a new leap with a new filing for a staked Tron ETF product. Known as the pioneer of some of the most renowned altcoin ETF products, this new Tron ETF has further placed the firm at the forefront of the exchange-traded fund drive.
Chinese local governments have been quietly selling confiscated cryptocurrencies worth around $1.4 billion, operating in a regulatory gray area that experts warn could foster corruption and undermine the country's official ban on crypto trading.