$TRX

Canary Capital Submits Application for First Staked TRX ETF in the United States

In a significant development within the cryptocurrency investment sector, Canary Capital has submitted a filing to the SEC for the launch of the Canary Staked TRX ETF, marking the first exchange-traded fund dedicated exclusively to TRON (TRX).

This innovative ETF is designed not only to track the price movements of TRX but also to stake a portion of its assets, aiming for an annual yield of 4.5%. This strategy could provide investors with exposure to the growth of TRON's market while also allowing them to earn passive income through staking rewards