#TRXETF Spot Price Tracking: The ETF aims to mirror the spot price of TRX, providing investors with direct exposure to the asset's market performance.
Staking Integration: A portion of the TRX holdings will be staked through third-party providers, offering an estimated 4.5% annual yield.
Secure Custody: Assets will be securely held by BitGo, ensuring institutional-grade custody solutions.TokenPost+2Cointelegraph+2Binance+2Binance+1CryptoNinjas+1
This innovative approach not only offers price exposure but also introduces passive income opportunities through staking—a first in the U.S. ETF landscape. CryptoNinjas
📈 Market Impact: Following the announcement, TRX has experienced increased trading volumes and has ascended to the ninth-largest cryptocurrency by market capitalization, surpassing ADA. Binance+2Binance+2Blockchain News+2
Stay tuned for further updates as this development unfolds.
###TRXETF #Tron #CryptoETF #staking #BinanceNews