#TRXETF #TRXETF There's exciting news in the crypto world. Justin Sun, the founder of Tron (TRX), has confirmed that a spot TRX exchange-traded fund (ETF) is in the works. Here's what you need to know ¹:

- *TRX ETF Filing*: Canary Capital has submitted a Form S-1 filing for a staked TRX ETF, which would track the spot price of TRX and offer investors a 4.5% annual yield through staking rewards.

- *Unique Feature*: This ETF would be the first to include staking rewards, setting it apart from other crypto ETF proposals.

- *SEC Review*: The US Securities and Exchange Commission (SEC) has yet to approve any ETF with a staking component, so this could be a game-changer if approved.

- *Market Impact*: TRX has seen significant growth, surging over 122% in the past year and becoming the ninth-largest cryptocurrency by market capitalization.

Some key details about TRX ² ³:

- *Current Price*: $0.2419, with a 1.38% increase in the last 24 hours

- *Market Capitalization*: $22.97 billion

- *24-hour Trading Volume*: $431.01 million

The VanEck TRON ETN (VTRX) is another investment product that tracks the performance of TRX. It's listed on regulated stock exchanges and offers 100% collateralization with TRON