New heights for $TRX are possible with this ETF approval.
Canary Capital, an investment company, has asked the US government (SEC) to let them create a new investment product called the Canary Staked TRX ETF.
This product allows people to invest in Tron (TRX) and earn rewards just by holding it.
Think of it like a special kind of savings account that earns interest, but instead of money, it's for $TRX
This will make it easier for more people to invest in $TRX
Canary Capital has already asked the government to approve other similar products for different cryptocurrencies.
If approved, the Canary Staked TRX ETF will provide a new investment opportunity for TRX, potentially increasing its value.
The
@trondao
network, which is behind TRX, is also doing well. It has a lot of users and a big amount of money locked into its system. This means good things for TRX and the people who invest in