#TRXETF is proposed by Canary Capital, aims to provide investors with exposure to the spot price of Tron (TRX).

Its peculiarity lies in the intention to stake a portion of the TRX tokens held, with the goal of generating additional returns estimated at around 4.5% per annum.

This feature distinguishes it from traditional spot ETFs on cryptocurrencies. The fund will operate continuously, with the creation and redemption of shares in cash by authorized participants. The Securities and Exchange Commission (SEC) has yet to approve the staking functionality for crypto ETFs, making the outcome uncertain.

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