#TRXETF
🚨 Big news for the TRON community! 🚨 Canary Capital has officially filed for the first-ever Staked TRX ETF—a groundbreaking product designed to combine direct exposure to $TRX with a built-in yield through staking. This means investors could earn around 4.5% annual rewards while benefiting from TRX price movements, all without dealing with private keys or complex crypto storage.
The filing, submitted to the SEC on April 18, proposes an ETF that tracks TRX’s market price and actively stakes the tokens. That’s a first in the U.S. ETF space. With BitGo as the custodian and CoinDesk Indices providing price tracking, this product is built for serious, institutional-level trust.
Currently, TRX is trading around $0.24, but some long-term forecasts expect it to surge past $1.25 by 2030. That means a modest $100 investment today could potentially grow to over $500 if these predictions play out.
This ETF could be a game-changer. It may finally open the door for pension funds, hedge funds, and other institutional players to step into TRX—without the headaches of self-custody or staking infrastructure. And with the SEC traditionally cautious on staking, this filing could be a litmus test for how far crypto integration can go.
Even Justin Sun is hyping it, fueling speculation that approval might come sooner than expected. Want in? Here's how to play it:
Buy TRX via Binance or your favorite exchange.
Hold tight—or stake now for that ~4.5% APR.
Keep an eye on the SEC. If this ETF gets approved, TRX could see a huge inflow of institutional cash.
📈 Are you gearing up early or waiting for the green light? Drop a 🚀 if you're already stacking TRX, or a 👀 if you're watching from the sidelines!$