Canary Capital Files Spot TRX ETF With Staking as SEC Ends Enforcement Campaign

3 hour ago 1 sources positive

Key takeaways:

  • TRX's dual catalyst of staking yield ETF and Binance.US listing may fuel institutional demand.
  • SEC enforcement withdrawal signals structural regulatory shift, likely accelerating altcoin ETF filings.
  • Pepeto's 178% staking APY and presale hype carry high risk despite team credentials.

Canary Capital has submitted a spot TRX ETF application in April 2026, marking the first such filing to include native staking yields. The filing was reported by CoinMarketCap and has pushed TRX daily trading volume past $856 million, with the price holding above $0.32. TRX also listed on Binance.US on April 17, expanding regulated access for American traders. Tron generated $82.69 million in protocol revenue during Q1 2026 and hosts more than $86 billion in stablecoins.

Meanwhile, the SEC formally ended its crypto enforcement campaign in April, withdrawing seven prior actions under chair Paul Atkins as laid out in the FY2025 report. This regulatory shift, combined with $996 million in weekly Bitcoin ETF inflows, has reshaped market sentiment. Bitcoin pushed to $78,000 on the news.

Pepeto, a presale token built by the cofounder of the original Pepe coin, has raised more than $9.5 million. The project features PepetoSwap for zero-fee trades, a cross-chain bridge, and a risk scorer that checks contracts before funds enter. SolidProof audited all contracts, and a former Binance expert is on the development team. Staking rewards offer 178% APY. The presale price is $0.0000001866, and analysts project a 100x return following the approaching Binance listing.

TRX resistance sits at $0.35 and support at $0.295. The all-time high of $0.43 caps potential upside at roughly 32% from current levels. The Tron price prediction from Cryptopolitan targets $0.38 to $0.57 for 2026.

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