Is the first TRX exchange-traded fund coming to the United States with staking rewards? #TRXETF

Canary Capital has announced the filing to establish the first exchange-traded fund (ETF) in the United States that tracks the price of the digital currency TRX from the Tron platform and includes staking rewards. If approved, this will be the first Tron ETF in the United States, adding to the wave of proposed exchange-traded funds for alternative currencies currently under review by the U.S. Securities and Exchange Commission (SEC).

This move is significant as it provides American investors with a regulated way to invest in TRX with the potential for additional income through staking rewards. Currently, the annual yield from staking TRX is estimated at around 4.5% on platforms like Coinbase.

However, the future of this exchange-traded fund is still under review by the SEC, which has expressed reservations in the past about including staking features in cryptocurrency exchange-traded funds. It remains to be seen how the regulatory body will handle this new request.

The question remains: Will you invest in the TRX ETF with the staking feature? What do you think about the momentum that alternative currency exchange-traded funds are gaining? #TRXETF