#TRXETF In April 2025, the investment company Canary Capital submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch the first spot ETF for the cryptocurrency Tron (TRX) with staking functionality. This product, named the Canary Staked TRX ETF, offers investors not only access to the price of TRX but also the opportunity to earn rewards from staking, making it unique among existing crypto ETFs.

Tron's founder Justin Sun supported the initiative by posting on social media platform X: "TRX ETF LFG!!!", which sparked a wave of discussions in the crypto community. Despite the positive news, the price of TRX at the time of publication had decreased by 1.23% over the past day, trading around $0.2417.

If the SEC approves the application, it could be an important step in attracting institutional investment into the Tron ecosystem and increase interest in TRX among traditional investors.