Gate News bot News: Canary Capital filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) on Friday to manage the potential first spot CRO exchange-traded fund in the U.S. (ETF), It contains a staking component. The proposed fund provides direct exposure to CRO, the native cryptocurrency of the Cronos blockchain. The trust plans to pledge a portion of its assets through one or more staking providers, potentially generating additional income for investors. It will handle the issuance and redemption of shares in cash rather than in kind, similar to the structure of existing spot Bitcoin and Ethereum ETFs in the US. However, it will support in-kind redemptions if it is approved by regulators in the future.