#TRXETF The ticker symbol "TRXETF" currently refers to a proposed Exchange Traded Fund (ETF) that would hold and stake Tron's native cryptocurrency, TRX. As of today, April 20, 2025, this is not yet a live or actively traded ETF.

Here's a breakdown of what we know about it:

Key Information about the Proposed TRXETF:

* Filer: Canary Capital, a U.S. asset manager.

* Objective: To provide investors with exposure to the price of Tron (TRX) while also generating yield through staking.

* Staking Rewards: The proposed ETF aims to offer investors an estimated annual yield of around 4.5% through staking a portion of its TRX holdings.

* Custodian: BitGo Trust Company is named as the custodian for the TRX assets.

* Pricing Data: CoinDesk Indices will be used for TRX price tracking.

* Unique Feature: This is the first proposed spot crypto ETF in the U.S. that explicitly includes staking rewards in its initial filing.

* SEC Filing: Canary Capital filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on Friday, April 18, 2025.

* Current Status: The ETF is currently proposed and is pending regulatory approval from the SEC. There is no guarantee that it will be approved.

* TRX Market Context: The filing comes at a time when TRX is the ninth-largest cryptocurrency by market capitalization.

* Market Reaction: The announcement of the ETF filing on April 19, 2025, led to a significant surge in the price and trading volume of TRX.

Current Price of TRON (TRX):

As of Sunday, April 20, 2025, the live price of TRON (TRX) is approximately $0.24. This price can fluctuate rapidly. Here are some additional details:

* 24-hour Price Change: Approximately +0.95% to +1.38%.

* Market Capitalization: Around $23.05 billion to $23.21 billion.

* 24-hour Trading Volume: Approximately $362.61 million to $921.25 million, indicating moderate to active trading.

* All-Time High: $0.4407 (December 3, 2024).

* All-Time Low: $0.001091 (September 15, 2017).

Potential Holdings of the TRXETF (If Approved):

If the Canary Staked TRX ETF is approved, its primary holding would be