$TRX

I have a cautious attitude towards TRX ETFs with staking functionality. Although this ETF offers approximately 4.5% annualized returns by staking TRX tokens, the founder of TRX, Justin Sun, has been involved in legal disputes, and altcoins generally face issues such as high price volatility and lack of practical application scenarios, which may exacerbate speculative risks. In addition, Canary Capital's frequent applications for altcoin ETFs have been questioned as a marketing tactic, posing short-term risks of artificially inflating prices for selling.

The attention on altcoin ETFs reflects the trend of mainstreaming in the crypto market, but risks should be heeded. In 2025, 16 institutions have submitted applications for altcoin ETFs such as SOL and XRP, and the SEC's review standards remain strict, with DOGE having only a 20% probability of approval due to its meme attributes. In the long run, compliance funds entering the market may boost liquidity, but short-term prices are susceptible to speculative sentiment and policy changes.