美國證券交易委員會確認了Canary Capital提議的固定TRON（TRX）交易所交易基金（ETF）

Canaries Capital在2025年提交了ETF，以跟踪多個Altcoins，包括Hedera，Sui和Litecoin。該公司的最新努力增加了越來越多的固定加密貨幣基金提案清單

The U.S. Securities and Exchange Commission has acknowledged a proposed staked Tron (TRX) exchange-traded fund (ETF) from Canary Capital, marking a rare instance of formal progress on altcoin ETFs.

美國證券交易委員會已承認，Canary Capital提出了擬議的固定TRON（TRX）交易所交易基金（ETF），這標誌著Altcoin ETF的正式進展的罕見實例。

Key Insights:

關鍵見解：

* The SEC received a 19b-4 filing from Cboe BZX Exchange for the listing of the STAKED TRON ETF, applying for approval of the product.

* SEC從CBOE BZX Exchange收到了19b-4申請，以列出固定的TRON ETF，併申請了產品的批准。

* The filing, submitted in April, is for a leveraged ETF with BitGo as the custodian.

*該文件於4月份提交，是為Bitgo作為託管人的槓桿ETF。

* The Commission’s acknowledgment triggers a public comment period and a formal review process for the ETF.

*委員會的致謝觸發了公眾意見期和ETF的正式審查過程。

* The ETF is designed to provide exposure to staked TRX, aiming to generate yield through staking rewards while enabling institutional-grade access via traditional exchanges.

* ETF旨在提供對固定的TRX的接觸，旨在通過放電獎勵產生產量，同時通過傳統交流實現機構級別的訪問。

* Meanwhile, several other high-profile crypto ETF proposals face delays, including those from Bitwise and CoinShares for spot XRP ETFs and a spot Litecoin ETF.

*同時，其他幾個備受矚目的加密ETF提案面臨延誤，包括Bitwise和Coinshares的Spot XRP ETF和一個斑點Litecoin ETF的延遲。

The SEC has delayed several other high-profile crypto ETF proposals, including those from Bitwise and CoinShares for spot XRP ETFs, as well as a spot Litecoin ETF.

SEC延遲了其他幾個備受矚目的加密ETF提案，包括Bitwise和Coinshares的Spot XRP ETF以及一個點Litecoin ETF。

Fidelity’s proposed in-kind Bitcoin ETF, which would permit non-cash transactions for asset creation and redemption, is also facing an extended review period.

Fidelity的擬議內部比特幣ETF將允許用於資產創造和贖回的非現金交易，也正面臨延長的審查期。

The delays on several of the products were expected, according to James Seyffart, an ETF analyst at Bloomberg Intelligence, who confirmed the postponements via X.

彭博情報公司ETF分析師詹姆斯·塞法特（James Seyffart）表示，預計有幾種產品的延誤是預計的，他通過X確認了推遲。

“If we’re gonna see early approvals from the SEC on any of these assets—wouldn’t expect to see them until late June or early July at absolute earliest. More likely to be in early 4Q,” wrote Seyffart.

Seyffart寫道：“如果我們要對SEC的任何資產進行早期批准，那麼直到6月下旬或7月初絕對最早會看到它們。

He added that the Commission usually takes the full allotted time to deliver rulings. “Early decisions would be an action that’s out of the norm.”

他補充說，委員會通常需要全部分配的時間來提供裁決。 “早期決定將是一個不在常態的行動。”

Trump administration adopts less adversarial stance toward crypto

特朗普政府對加密的對抗立場較少

The Trump administration has adopted a comparatively less adversarial stance toward cryptocurrencies, but even so, the cautious approach to ETF approvals has continued.

特朗普政府對加密貨幣採取了相對較少的對抗立場，但即使如此，對ETF批准的謹慎方法仍在繼續。

The Commission has repeatedly solicited public feedback and delayed decisions, citing the need for greater market surveillance and investor protection in its rationales.

委員會一再徵求公眾反饋和延遲決定，理由是對其理由進行更大的市場監視和投資者的保護。

Despite industry optimism around a more crypto-friendly regulatory environment, the procedural pace remains slow.

儘管行業對更友好的監管環境的樂觀態度，但程序速度仍然緩慢。

The TRX acknowledgment is a procedural step, not an approval, and public commentary will determine the speed and likelihood of final clearance.

TRX確認是一個程序步驟，而不是批准，公眾評論將決定最終清除的速度和可能性。

According to the SEC’s notice, the proposed TRX ETF aims to comply with existing regulatory frameworks while integrating staking as a yield mechanism.

根據SEC的通知，擬議的TRX ETF旨在遵守現有的監管框架，同時將樁置為產量機制。

That design places it in a different category than traditional spot ETFs, which simply track the underlying asset’s price.

該設計將其置於與傳統現場ETF不同的類別中，這些ETF只是跟踪基本資產的價格。

The ETF is also being marketed with the intent to provide efficient access for institutional investors.

ETF也在銷售中，目的是為機構投資者提供有效的訪問權限。

“The proposed TRX ETF will provide a valuable product to investors who are seeking exposure to the Tron cryptocurrency in a manner that is consistent with the federal securities laws,” said the filing.

該文件說：“擬議的TRX ETF將以與聯邦證券法一致的方式為尋求Tron加密貨幣接觸的投資者提供寶貴的產品。”

TRX joins altcoin ETF race amid institutional demand

TRX加入機構需求的Altcoin ETF競賽

The proposals come as institutional interest in crypto ETFs, particularly those with staking or yield features, is running high.

這些提案是因為對加密ETF的機構興趣，尤其是那些具有積分或產量特徵的人的興趣，這是很高的。

Canary’s initiative may help bridge the gap between DeFi and traditional markets, but it still faces significant regulatory hurdles.

Canary的倡議可能有助於彌合Defi和傳統市場之間的差距，但它仍然面臨著重大的監管障礙。

The acknowledgment comes at a time when the SEC is juggling dozens of ETF proposals and faces pressure to approve more crypto products.

確認是在SEC兼顧數十個ETF建議並面臨批准更多加密產品的壓力的時候。

The broader outcome could determine whether staking-based ETFs gain mainstream traction in the U.S.

更廣泛的結果可以確定基於Staking的ETF是否在美國獲得主流牽引力

Stay tuned to Benzinga for more crypto news and analysis.

請繼續關注Benzinga，以獲取更多加密新聞和分析。

See More: Top 5 Biggest Cryptocurrency Rises In May 2025

查看更多：前5名最大的加密貨幣在2025年5月上升

Image Credit: Pixabay

圖片來源：Pixabay