$TRX

Canary Capital has officially filed for a staked Tron ETF with the SEC, aiming to provide investors exposure to TRX price movements while also earning staking rewards

This marks Canary’s sixth altcoin ETF proposal, joining its applications for Pengu, Sui, XRP, Hedera, and Polkadot

The ETF would use BitGo Trust as its custodian and is designed to allow investors to benefit from staking yields alongside traditional price tracking

This is a significant step, as previous crypto ETFs—like those for Bitcoin and Ethereum—did not initially include staking capabilities

With the SEC reviewing multiple altcoin ETF proposals, analysts believe that XRP and Solana ETFs could be next in line for approval

If this trend continues, it could signal a broader acceptance of crypto ETFs beyond Bitcoin and Ethereum, potentially opening doors for more institutional investment in altcoins.

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