It's a good idea because several traders are accepting TRX or Tron tokens in doing business. They like the Tron economy and its ecosystem.

According to BlockBeats, Canary Capital is seeking to launch an ETF aimed at tracking the price of Tron's native token, TRX. The hedge fund submitted an S-1 form for the Canary Staked TRX ETF to the U.S. Securities and Exchange Commission (SEC) last Friday. The proposed fund plans to utilize third-party providers for staking and BitGo as the custodian, with pricing data sourced from CoinDesk Indices.