#TRXETF market is buzzing with big news! On April 18, 2025, Canary Capital filed for the first-ever Canary Staked TRX ETF with the U.S. SEC, aiming to track the price of Tron’s native token, $TRX, while offering staking yields of ~4.5% annually (per StakingRewards.com). This is a game-changer, as it could bring institutional investors into Tron, boosting demand for $TRX, which boasts a $22B+ market cap.
The filing comes amid a crypto-friendly shift, with Trump’s SEC pick, Paul Atkins, confirmed April 9, raising hopes for approvals. Posts on X are hyped, with some calling it a “floodgate opener” for altcoin ETFs, though others warn of SEC delays, as seen with Ethereum staking proposals (decisions pushed to June 2025). $TRX dipped 2-3% to ~$0.24, but sentiment remains bullish with a potential buy-the-news play.