September 21, 2026 | Schwab Network
Canary Capital’s Josh Olszewicz joined Schwab Network’s The Watch List to discuss the Canary TRON ETF (TRXS), the growing role of stablecoins, and the future of digital asset markets.
Josh Olszewicz breaks down the TRXS ETF, which looks beyond Bitcoin and Ethereum to digital assets like the TRON network that power stablecoin transactions globally. He highlights TRON’s dominance in Tether circulation and expects stablecoin growth to continue as crypto liquidity returns. Olszewicz also sees lesser-known networks like Solana and Litecoin poised to shine with the rise of tokenization and real-world assets on chain.
TRON Network: TRON is a high-throughput, low-cost Layer-1 blockchain network designed to facilitate the creation and distribution of digital content, financial applications, and tokenized assets.
USDT (Tether): A U.S. dollar-pegged stablecoin issued by Tether. TRON has become one of the largest blockchain networks for USDT issuance and settlement.
Information and data discussed in this interview are as of September 21, 2026.
Watch the full interview: Schwab Network – Stablecoin Beyond Bitcoin
Disclosures and Risk
Each Trust’s investment objectives, risks, charges and expenses should be considered before investing. The prospectus contains this and other important information, please read it carefully before investing. Click the following links to view a prospectus: HBR, XRPC, LTCC, SOLC, SUIS, TRXS.
Fund Performance
Canary HBAR ETF (HBR), Canary XRP ETF (XRPC), Canary Litecoin ETF (LTCC), Canary Marinade Solana ETF (SOLC), Canary Staked SUI ETF (SUIS), Canary TRON ETF (TRXS)
Each Trust is not a commodity pool or an investment company registered under the Investment Company Act of 1940 (the “1940 Act”), and therefore is not subject to the same regulatory requirements as mutual funds or traditional ETFs registered under the 1940 Act.
An investment is not suitable for all investors, may be deemed speculative and is not intended as a complete investment program. An investment should be considered only by persons who can bear the risk of total loss associated with an investment. An investment in any Canary Capital product is not a direct investment in any cryptocurrency. For more specific risk disclosure, please visit each fund website or view the fund prospectus. TRXS, HBR, LTCC, SOLC, SUIS, and XRPC are all new funds with a limited operating history.
Fund Risk Disclosure
TRXS:
An investment in TRXS is not a direct investment in TRX. Staking rewards are not indicative of the Fund’s performance, are not guaranteed, and may change frequently, including experiencing significant declines. Digital assets, such as TRX, are a relatively new asset class, and the market for digital assets is subject to rapid changes and uncertainty. Digital assets are largely unregulated and digital asset investments may be more susceptible to fraud and manipulation than more regulated investments.
The Trust’s secondary objective is to earn additional TRX through proof of stake process. Staking yield is not issued directly to investors. Accrued staking rewards are included in the Trust’s daily NAV calculation. Staking comes with a risk of loss of TRX. For more information, please visit TRX ETF – Canary Capital.
The views expressed reflect the individuals’ current opinions and expectations and are not guarantees or predictions of future results. Bitcoin is highly volatile and speculative, and its value may decline significantly, including the potential for substantial or complete loss. Forward-looking statements reflect current expectations and assumptions and are subject to risks and uncertainties. Actual results may differ materially, and there is no assurance that any forecast, expectation, or anticipated outcome will be achieved.
