TRONETF
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#TronETF to Track Tron
Canary Capital has filed for SEC approval to launch an ETF (Exchange-Traded Fund) that will track the Tron (TRX) token.
The ETF will include a staking component, and BitGo Trust will act as the custodian to manage the funds.
What makes this ETF unique is that -
✅ In addition to being able to profit from staking TRX,
✅ ETFs linked to Pengu, Sui, Hedera, and Litecoin will also be included.
Like Canary Capital, other companies are also waiting for SEC approval for XRP and Solana ETFs.
The SEC's approach has also changed as the Trump administration prioritizes cryptocurrencies.
Under former SEC Chairman Gary Gensler, only Bitcoin and Ethereum ETFs were approved in 2024.
Now, under the Trump administration, the SEC is making changes to become crypto-friendly and has even dropped crypto-related lawsuits.
In addition, more transparent roundtable discussions have been held.
That is why Canary Capital has made this request.
Canary Capital has filed for SEC approval to launch an ETF (Exchange-Traded Fund) that will track the Tron (TRX) token.
The ETF will include a staking component, and BitGo Trust will act as the custodian to manage the funds.
What makes this ETF unique is that -
✅ In addition to being able to profit from staking TRX,
✅ ETFs linked to Pengu, Sui, Hedera, and Litecoin will also be included.
Like Canary Capital, other companies are also waiting for SEC approval for XRP and Solana ETFs.
The SEC's approach has also changed as the Trump administration prioritizes cryptocurrencies.
Under former SEC Chairman Gary Gensler, only Bitcoin and Ethereum ETFs were approved in 2024.
Now, under the Trump administration, the SEC is making changes to become crypto-friendly and has even dropped crypto-related lawsuits.
In addition, more transparent roundtable discussions have been held.
That is why Canary Capital has made this request.
🚀 Canary Capital Files for TRON ETF with Staking
Canary Capital just took TRON institutional — filing for a TRX spot ETF that includes staking rewards, a first of its kind. If approved, this could open the floodgates for on‑chain yield products in mainstream portfolios.
Key Points:
• ETF includes TRX staking income directly in share NAV
• Targets both retail and institutional investors
• Sets a new precedent beyond Bitcoin/Ethereum ETFs
Will TRON staking soon be as easy as buying a stock?
#GhostOfTheBlock #TronETF
Canary Capital just took TRON institutional — filing for a TRX spot ETF that includes staking rewards, a first of its kind. If approved, this could open the floodgates for on‑chain yield products in mainstream portfolios.
Key Points:
• ETF includes TRX staking income directly in share NAV
• Targets both retail and institutional investors
• Sets a new precedent beyond Bitcoin/Ethereum ETFs
Will TRON staking soon be as easy as buying a stock?
#GhostOfTheBlock #TronETF
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