$TRX
Canary Capital just filed for the first-ever Staked TRX ETF, aiming to give you both spot exposure to $TRX and a built‑in yield feature—all in one product . With annual staking rewards near 4.5%, this ETF could open the door for big‑money players to tap into TRX without worrying about private key management . Meanwhile, TRX sits at $0.24 today, and long‑term forecasts see it climbing above $1.25 by 2030—turning a $100 bet into over $520 if these averages hold true.
TRX
0.2419
+0%
What’s a Staked TRX ETF?
The Filing: On April 18, Canary Capital submitted an S‑1 to the SEC for an ETF that not only mirrors TRX’s price but actually stakes the underlying tokens to earn yield .
Why It’s Unique: No U.S. crypto ETF has launched with staking built in—this one could generate ~4.5% APR on top of price gains, with BitGo as custodian and CoinDesk Indices for pricing.
Why It Matters
Institutional Door Opener: An SEC‑approved TRX ETF would let hedge funds and pension plans buy TRX exposure without self‑custody headaches. Expect big inflows if greenlit.
Regulatory Signal: The SEC’s stance on staking features has been cautious, but this filing tests whether a broader crypto–DeFi integration is finally acceptable .
