#TRXETF

As of Sunday, April 20, 2025, there is no cryptocurrency specifically named "TRXETF" listed directly on Binance. However, recent developments indicate the potential for a Tron (TRX) Exchange Traded Fund (ETF) in the future.

Here's what we know:

* Proposed TRX Staked ETF: Canary Capital has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for a "Canary Staked TRX ETF." This ETF aims to track the spot price of TRX and also generate yield by staking a portion of the held tokens, with an anticipated annual yield of 4.5%. BitGo is proposed as the custodian for the TRX.

* Justin Sun's Confirmation: Justin Sun, the founder of Tron, has publicly acknowledged this ETF filing, expressing his support on social media platform X.

* SEC Review: The SEC is currently reviewing Canary Capital's application. It's important to note that the SEC has not yet approved any crypto ETF with a staking feature.

* TRX Market Performance: As of today, April 20, 2025, the live price of TRON (TRX) is around $0.2427. It holds a market capitalization of approximately $23.05 billion, ranking it among the top cryptocurrencies. Over the past year, TRX has shown significant growth.

In summary, while "TRXETF" is not currently a trading product on Binance, the recent filing for a staked TRX ETF by Canary Capital marks a significant development. If approved by the SEC, this could potentially lead to a TRX-based ETF becoming available for trading on various platforms in the future, though its listing on Binance would depend on Binance's own listing policies.