coindoo.com
Canary Capital Group Inc. officially submitted a Form S-1 with the U.S. Securities and Exchange Commission (SEC) for the launch of a Staked $CRO ETF, marking a significant move toward institutional exposure to Cronos ($CRO) with staking yields included.
According to the filing, the proposed ETF — titled Canary Staked $CRO ETF — aims to provide investors with price exposure to $CRO, the native token of the Cronos blockchain, while also incorporating rewards generated from staking the asset.
The fund would be structured as a trust, with relevant legal documentation including the Trust Agreement and Certificate of Trust also included in the SEC filing.
The ETF proposal adds to a growing list of cryptocurrency-related fund filings seeking SEC approval, following a broader market trend toward staked asset ETFs.
If approved, this would make the Canary Staked $CRO ETF one of the first U.S.-based exchange-traded products to offer staking rewards integrated into the fund’s performance.
This filing arrives amid increasing investor interest in blockchain-based yield opportunities and continues the momentum of expanding regulated crypto products in the U.S. financial landscape.
