Canary Submits S-1 Registration Statement for Collateralized CRO ETF

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On May 30, Canary Staked CRO ETF has submitted an S-1 registration statement to the US SEC, planning to be listed on trading platforms.

The ETF aims to gain exposure to CRO prices by holding Cronos (CRO) and participating in transaction validation on the Cronos POS chain, while earning additional CRO revenue. The ETF's net asset value (NAV) will be calculated based on the market price of CRO.

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