#TRXETF

Exciting news for TRON (TRX) enthusiasts: Canary Capital has filed for the first-ever Staked TRX ETF with the U.S. Securities and Exchange Commission (SEC). This innovative exchange-traded fund aims to provide investors with exposure to TRX’s market price while also offering staking rewards, a first in the crypto ETF space .  

TRON founder Justin Sun has publicly endorsed the filing, sharing the news on social media with the message: “Finally seeing something that makes sense on the SEC website — TRX ETF LFG!!!” His support has fueled optimism about TRX’s future and its potential appeal to institutional investors . 

Despite this development, TRX’s price has seen a slight decline, trading at approximately $0.24, down 1.28% on the daily chart . 

The proposed ETF plans to stake assets through third-party providers and utilize BitGo Trust for custody services . 

Stay tuned for more updates as this story develops.

#TRX #TRON #CryptoETF #CryptoNews