#Staked TRX ETF申请#  SEC accepts Canary Tron ETF application

The U.S. Securities and Exchange Commission (SEC) has accepted Canary’s application for a Tron (TRX)-based exchange-traded fund (ETF), while postponing its decision on the approval of several other crypto ETFs.

The SEC issued a notice regarding the TRX ETF application yesterday. “The Commission is issuing this notice to solicit the comments of interested parties on the proposed rule change,” the SEC said in the notice.

It filed a registration statement for the ETF in April, designating itself as the fund’s custodian. The company has also filed applications for ETFs tracking a number of other altcoins, including Sui, Hedera, and Litecoin.

TRX is the native cryptocurrency of the Tron blockchain, founded in 2017 by entrepreneur Justin Sun. With a total market cap of $25.2 billion, TRX is the 10th largest crypto asset.

Meanwhile, ETF analyst James Seyffart noted that the commission has postponed the deadlines for several other crypto ETF proposals, including the spot XRP ETF and the spot Litecoin ETF.

The SEC, which has taken a less negative stance on cryptocurrencies under the Trump administration, has begun considering dozens of proposals over the past few months. The commission has issued delays and requests for comment on several crypto ETF proposals.

Seyffart previously said in a post that delays are expected for various crypto ETFs:

“If the SEC grants early approval for any of these assets, I would predict it would be in late June or early July at the earliest. More likely early Q4.”

The analyst reminded that the SEC typically uses all deadlines to make decisions on ETF proposals, with many crypto ETF application deadlines in the fourth quarter.