Best Crypto to Buy Now As Canary Capital Files for Tron ETF

The latest ETF news that has created intrigue and excitement among investors is that of a Tron ETF by Canary Capital—a leading name within the crypto space. Set to be launched with staking capabilities, the ETF will be the first of its kind if approved.

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This application has come just days after Grayscale’s request to get their ETH ETF with staking capabilities was postponed by the SEC. If approved, this could be a positive sign not just for TRON, but also for smaller altcoins, as it may indicate a willingness to embrace more than just the top one or two cryptos in the space.

From S-1 Submitted With the SEC

The Form S-1 filed by Canary Capital outlines a product that, if approved, would break convention. Instead of merely tracking TRX’s spot price—which it plans to do via CoinDesk Indices—the Canary Staked TRX ETF would also stake a portion of its holdings through third-party validators, with BitGo as custodian. It’s this staking mechanism that marks a notable shift in ETF strategy.

Until now, most spot ETF approvals have followed a conservative path: no staking, minimal deviation from the core asset’s price, and an approach that appeased the SEC’s long-standing apprehension under Gary Gensler’s tenure. But things might be different now. With Paul Atkins reportedly more open to staking-based instruments, a green light here could spark a chain reaction.

There’s significance beyond TRON in this move. Ethereum ETF issuers, including Grayscale, were forced to strip staking out of their original filings in hopes of gaining SEC approval. And with the SEC just delaying its response to Grayscale’s revised ETH ETF staking request, the fate of Canary’s filing might now set a precedent.

If the TRX fund is approved as-is, it would signal a turning point—not just for staking ETFs, but for altcoins in general. For once, the SEC’s ETF radar might be expanding beyond Bitcoin and Ethereum. For investors, this shift could translate into fresh capital flows toward high-yield altcoins that were previously overlooked by institutional products.

Best Crypto to Buy As Altcoins May Gain Traction

Solaxy – SOLX

As staking re-enters the ETF narrative with Canary’s TRX filing, platforms like Solaxy are finding themselves in the right place at the right time. While most altcoins rely on speculation and sentiment, Solaxy’s value proposition is built around something far more structural—interoperability, staking yield, and support for two of the largest ecosystems: Solana and Ethereum.

Solaxy operates as a Layer 2 protocol that doesn’t just bridge the two chains but enhances transactions through a system of smart validators and liquidity-routing optimizers. What makes it relevant now is its staking infrastructure—an offering that could become more sought after if ETF issuers start looking beyond Bitcoin and Ethereum. 

With Paul Atkins ushering in a more staking-friendly era, protocols with built-in yield generation mechanisms might experience increased attention, and Solaxy’s staking APYs are already gaining notice in DeFi circles.

The platform rewards stakers with competitive returns while maintaining fast transaction finality and high throughput—two traits that make it viable in both B2B blockchain integrations and retail DeFi activity.  It has already raised upwards of $30 million from its ongoing presale- one of the biggest this year for a meme coin with utility.

Given that Solaxy is also focused on transparency and decentralization, it’s well-positioned to be a potential partner or reference model should ETF managers seek staking-aligned altcoins that comply with custody and risk frameworks.

Canary’s move might be the door opening. If it is, Solaxy is the kind of project likely to walk through it—with utility, compatibility, and staking already built into its DNA.

SUBBD – SUBBD

In a market gradually opening up to altcoins beyond the big two, SUBBD offers a radically different thesis—one rooted not in finance, but in creator-driven ecosystems.

If Canary Capital’s filing for a staked TRX ETF succeeds, it signals that the SEC may finally be loosening its rigid stance on what qualifies as ETF-worthy. This creates room for altcoins that serve specific, scalable use cases—and SUBBD might be among the most viable.

SUBBD positions itself as a decentralized platform designed to disrupt the stranglehold of Web2 creator platforms. Rather than centralizing ad revenue or relying on algorithm-fueled distribution, SUBBD lets fans directly support creators through $SUBBD tokens. What makes it more than just another fan-token project is its multi-tiered utility system. 

Tokens can be staked to unlock premium content, vote on creator decisions, or access platform-specific perks—all without sacrificing decentralization. The project is currently among the most covered and trending presales, having raised more than $203k and featured in YouTube videos of channels like 99Bitcoins and others.

What’s more, SUBBD is engineered with an eye toward regulatory compatibility. The staking model uses community verification layers and audited smart contracts, which could make it a future candidate for structured financial products—particularly if ETFs begin exploring tokens tied to real-world utility and content monetization models.

With more institutional interest potentially heading altcoins’ way, projects like SUBBD—anchored in utility, not just narrative—could benefit immensely. This is a token not just built for virality, but for staying power.

BTC Bull – BTCBULL

As institutional interest pivots toward altcoins with clear missions, BTC Bull’s hybrid approach—celebrating Bitcoin while creating its own self-sustaining ecosystem—gains new relevance.

Inspired by the idea that Bitcoin isn’t just a store of value but a cultural force, BTC Bull aims to funnel that ethos into a community-first token built for exponential growth. What sets it apart? A deflationary supply, strong staking rewards, and a marketing engine built around meme culture and Bitcoin evangelism. 

It’s not trying to replace BTC; it’s trying to amplify its ideology through a token that’s accessible, incentivized, and deeply community-owned.

If the SEC greenlights the first staked altcoin ETF via TRX, it could normalize the idea of structured financial products tied to alternative assets—and BTC Bull’s staking features make it a strong candidate for future institutional consideration. The project also benefits from being early in its presale phase, giving it runway for growth, visibility, and ecosystem expansion.

BTC Bull isn’t pretending to be the next Bitcoin—it’s harnessing Bitcoin’s aura and repackaging it into something that meme culture, staking, and speculative communities can rally around. In a world where altcoin ETFs may soon become viable, this project offers a rare mix of community energy and forward-facing fundamentals.

MIND of Pepe – MIND

With the SEC potentially easing its stance on staking-based ETFs, the window may finally be opening for projects that bring more than just memes to the table. MIND of Pepe—while dressed in familiar meme coin aesthetics—takes an entirely different approach under the hood. It merges AI with market sentiment analysis, transforming itself into an always-on, always-evolving social intelligence engine for crypto investors.

What makes it so relevant in light of the TRX ETF filing is its ability to provide tangible value in a sector still saturated with tokens lacking clear utility. MIND of Pepe’s core product is its AI agent—a digital mind that scans, interprets, and reacts to crypto chatter across social media, helping investors understand not just what’s trending, but why. 

The token’s utility is tied directly to this tool: holders get exclusive access to sentiment breakdowns, engagement maps, and influencer signals across various chains.

Staking is also a key component, offering yield not just as a passive incentive but as a mechanism to scale the AI’s performance—stakers help train and refine the model by voting on relevance and accuracy. In a future where staking could become a legitimate ETF feature, MIND of Pepe’s dual-purpose staking structure might be exactly the kind of innovation institutional eyes begin to notice.

It’s the meme coin that listens, learns, and leads—and in a market adjusting its lens on what altcoins can be, this one feels a few moves ahead of the curve.

Conclusion

With institutional interest shifting and staking-based ETFs finally gaining traction, the altcoin space may be on the verge of a major revaluation. The projects mentioned above aren’t just early—they align with the very features now coming into regulatory focus. 

As market developments like Canary’s TRX ETF filing unfold, these tokens could find themselves in prime position to benefit once they officially launch.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Kosta Gushterov