🔥 Breaking News:
• Justin Sun officially confirms first-ever $TRX ETF filing via Canary Capital
• Proposed ETF offers dual benefit: Spot $TRX exposure + 4.5% annual staking yield
• SEC yet to approve any staking-enabled ETF (Grayscale’s ETH proposal still pending)
📌 Key Details:
✅ Market Position: $TRX recently flipped Cardano as 9 crypto by market cap
✅ Price Action: TRX up 122% YoY, currently trading at $0.2417 (1.23% dip today)
✅ ETF Race: Joins growing list of altcoin ETFs (XRP, SOL, DOGE) under SEC review
💡 Why This Matters:
1️⃣ Passive Income + Growth: First ETF to combine price appreciation + staking rewards
2️⃣ Regulatory Frontier: Could set precedent for yield-generating crypto ETFs
3️⃣ TRX Momentum: Outperforming BTC/ETH – may attract more institutional filings
⚖️ SEC Watchlist:
• Decision on Grayscale’s staking $ETH ETF expected soon
• Approval could create domino effect for TRX and other altcoin ETFs
📊 Trader’s Take:
"TRX’s strong fundamentals + ETF hype could fuel next leg up!"
👉 Support: 0.235∗∗∣Resistance:∗∗0.235∗∗∣Resistance:∗∗0.25-0.26
💬 Poll: Will the SEC approve the staked TRX ETF?
✅ Yes – Tron’s compliance and performance justify it
❌ No – SEC still wary of staking securities
#TRXETF #TRX #etf #JustinSun #CryptoNews
🔍 Deeper Dive:
• No listing exchange confirmed yet, but speculation points to major platforms
• Analysts predict wave of similar filings if approved
• TRX’s low volatility vs. peers makes it attractive for ETF structure
👉 Follow for real-time updates on this game-changing proposal!
(Sources: Justin Sun/X, SEC filings, CoinMarketCap data)
