$TRX Will the TRX ETF Be Approved?

#TRXETF

The US-based investment company Canary Capital has filed for a spot ETF based on the TRX cryptocurrency. This fund is designed to track the market price of TRX while also reflecting staking rewards to investors. If approved by the SEC, this ETF will be the first Tron ETF in the US.

✅ Advantages

Thanks to the staking feature, investors will benefit not only from price increases but also from regular staking rewards.

Fund managers conduct staking operations in a secure and legal framework. This reduces risks.

❌ Disadvantages

The staking within the ETF may not be as efficient or flexible as individual staking.

ETFs generally have management fees, which can slightly reduce returns.