#TRXETF Canary Capital has officially filed for the first-ever U.S. spot ETF backed by Tron's native token, TRX. If approved, this TRX ETF would give investors regulated exposure to the price of TRX, along with staking rewards estimated at around 4.5% annually. This marks a major step toward bringing staking into mainstream investment products.
The ETF will custody actual TRX tokens through BitGo Trust and stake a portion via trusted third parties. This follows the trend set by Ethereum’s ETF approval and shows growing interest in altcoin-based ETFs. TRX is currently trading near $0.2420 with mild upward momentum. #TRXETF