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.
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