Rex Shares, a U.S. asset management firm, has filed an application for a 2x leveraged Tron (TRX) exchange-traded fund (ETF). Bloomberg ETF analyst Eric Balchunas highlighted the application via a post on X, formerly Twitter, signaling a potentially new avenue for investors seeking amplified exposure to the TRX cryptocurrency. Leveraged ETFs aim to magnify the daily returns of an underlying asset, in this case, Tron. A 2x leveraged ETF seeks to double the daily percentage change of TRX. While this offers the potential for higher gains, it also carries significantly increased risk, as losses are similarly magnified. The SEC is now tasked with reviewing the application and deciding whether to approve the leveraged Tron ETF for trading. The decision will likely hinge on considerations of investor protection and the ETF's potential impact on market stability. This move reflects growing interest in offering diverse cryptocurrency investment products in the US market. ```

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