SEC Filing Document

Company: Canary Staked TRX ETF
Ticker: 
CIK: 2064768
Filing Type: S-1/A
Document Type: S-1/A
Date Filed: 2026-05-15
Accession Number: 0001999371-26-010857
Exchange: 
SIC Code: 6221
SIC Description: Commodity Contracts Brokers & Dealers
URL: https://www.sec.gov/Archives/edgar/data/2064768/000199937126010857/canary-s1a_051526.htm

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Issuance and Distribution. The Trust shall not bear any expenses incurred in connection with the issuance and distribution of the securities being registered. These expenses shall be paid by Canary Capital Group LLC, the sponsor of the Trust. Except for the Securities and Exchange Commission Registration Fee and Exchange Listing Fee, all such expenses are estimated: SEC registration fee (actual) $ 0 * Listing fee (actual) $ ____ Auditor’s fees and expenses $ ____ Legal fees and expenses $ ____ Printing expenses $ ____ Miscellaneous expenses $ ____ Total $ ____ * An indeterminate number of the securities is being registered as may from time to time be sold at indeterminate prices. In accordance with Rules 456(d) and 457(u), the Trust is deferring payment of all of the additional registration fee and will pay the additional registration fee subsequently on an annual basis. Item 14. Indemnification of Directors and Officers.

The
Trust Agreement will provide that the Trust shall indemnify, defend and hold harmless the Trustee (including in its individual
capacity) and any of the officers, directors, employees and agents of the Trustee (the “Indemnified Persons”)
from and against any and all losses, damages, liabilities, claims, actions, suits, costs, expenses, disbursements (including the
reasonable fees and expenses of counsel and fees and expenses incurred in connection with enforcement of its indemnification rights
under the Trust Agreement), taxes and penalties of any kind and nature whatsoever (collectively, “Expenses”), to the
extent that such Expenses arise out of or are imposed upon or asserted at any time against such Indemnified Persons with respect
to the performance of the Trust Agreement, the creation, operation or termination of the Trust or the transactions contemplated
thereby; provided, however, that the Trust shall not be required to indemnify any Indemnified Person for any Expenses
which are a result of the willful misconduct, bad faith or gross negligence of an Indemnified Person. If the Trust shall have
insufficient assets or improperly refuses to pay an Indemnified Person within sixty (60) days of a request for payment owed hereunder,
the Sponsor shall, as secondary obligor, compensate or reimburse the Trustee or indemnify, defend and hold harmless an Indemnified
Person as if it were the primary obligor under the Trust Agreement; provided, however, that the Sponsor shall not
be required to indemnify any Indemnified Person for any Expenses which are a result of the willful misconduct, bad faith or gross
negligence of an Indemnified Person. To the fullest extent permitted by law, Expenses to be incurred by an Indemnified Person
shall, from time to time, be advanced by, or on behalf of, the Sponsor prior to the final disposition of any matter upon receipt
by the Sponsor of an undertaking by, or on behalf of, such Indemnified Person to repay such amount if it shall be determined that
the Indemnified Person is not entitled to be indemnified under this Trust Agreement.

Item 15. Recent
Sales of Unregistered Securities.

Item 16. Exhibits
and Financial Statement Schedules.

(a) Exhibits.

Exhibit
No. Exhibit Description

3.1**	Trust Agreement

3.2**	Certificate of Trust

5.1***	Opinion of Chapman
and Cutler LLP as to legality

8.1***	Opinion of Chapman
and Cutler LLP as to tax matters

10.1***	Form of Initial
Authorized Participant Agreement

10.2***	Marketing Agent
Agreement

10.3***	Custodial Services
Agreement

10.4***	Administration
Agreement

10.5***	Transfer Agency
Agreement

10.6***	Sponsor Agreement

10.7***	Cash Custody
Agreement (Custodian Agreement)

23.1***	Consent of
Independent Registered Public Accounting Firm

23.2***	Consent of Chapman and Cutler LLP (included in
Exhibits 5.1 and 8.1)

107**	Filing Fee Tables

* Filed herewith

** Previously filed

*** To be filed by amendment

(b) Financial Statement Schedules.

Not applicable.

Item 17. Undertakings.

The undersigned
registrant hereby undertakes:

To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

(i)	to include any prospectus required by section 10(a)(3) of the Securities
Act of 1933; (ii) to reflect in the prospectus any facts or events arising after the effective date of the registration statement
(or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in
the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities
offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the
low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Commission pursuant
to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the maximum aggregate
offering price set forth in the “Calculation of Registration Fee” table in the effective registration statement; and

(ii)	to include any material information with respect to the plan of distribution not previously
disclosed in the registration statement or any material change to such information in the registration statement.

(2)	That, for the purpose of determining any liability under the Securities
Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

(3)	To remove from registration by means of a post-effective amendment any of the
securities being registered which remain unsold at the termination of the offering.

(4)	That, for the purpose of determining liability under the Securities
Act of 1933 to any purchaser:

the registrant is relying on Rule 430B:

(A)	each prospectus filed by the registrant pursuant to Rule 424(b)(3)
shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration
statement; and

(B)	each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7)
as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x)
for the purpose of providing the information required by section 10(a) of the Securities Act of 1933 shall be deemed to be part of and
included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the
date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability
purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the
registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of
such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in
a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated
by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time
of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus
that was part of the registration statement or made in any such document immediately prior to such effective date; or

(ii)	If the registrant is subject to Rule 430C, each prospectus filed
pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration statements relying on Rule
430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of and included in the registration statement
as of the date it is first used after effectiveness. Provided, however, that no statement made in a registration statement or prospectus
that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration
statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such
first use, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration
statement or made in any such document immediately prior to such date of first use.

(5)	That, for the purpose of determining liability of the registrant
under the Securities Act of 1933 to any purchaser in the initial distribution of the securities:

The undersigned
registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement,
regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser
by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to
offer or sell such securities to such purchaser: