🔥 Breaking News: U.S. asset management giant CanaryCapital officially submitted its first TRX spot ETF application to the SEC yesterday (4/19)! This is a milestone for the Chinese public chain Tron and a trigger point for the altcoin ETF wave!🔥
📈Core Highlights:
1️⃣ Staking Yield + Spot Exposure: The first ETF directly integrated with staking functionality currently under application! While holding spot TRX, earn an additional annual yield of approximately 4.5% through staking.
2️⃣ Institutional-grade Compliance Framework: Assets custodied by BitGo, priced by CoinDesk Index, with all cash settlement for subscriptions/redemptions, ensuring transparency and security.
3️⃣ TRX Ecosystem Potential: The Tron chain firmly holds the second position in stablecoin settlements (second only to ETH), with a market cap exceeding $22 billion, and institutional entry may trigger a new wave of growth.
💡 Industry Significance:
👉 If approved, it will become the first crypto ETF combining staking yields, breaking traditional product design!
👉 Following BTC/ETH ETFs, competition in Altcoin ETFs is heating up!
👉 Brother Sun @justinsuntron urges: “American investors should buy TRX as soon as possible, the price will only go up!”
⚠️ Challenges and Opportunities:
Although the SEC is strict in reviewing staking services (previously halted ETH ETF-related features), the regulatory attitude has softened since Trump took office, and the window for altcoin ETFs may have opened!
🔗 Related Links:
• [SEC Filing Summary]
https://www.sec.gov/Archives/edgar/data/2064768/000199937125004423/canary-s1_041825.htm
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#TRON #TRX #ETF @justinsuntron @trondaoCN