#TRXETF
#TRXETF Major Update: Canary Capital Seeks Approval for First U.S.-Based TRX ETF, Tron Eyes Global Impact
Canary Capital has submitted an official application for a spot ETF in the United States that will track the value of Tron’s native cryptocurrency, TRX. Notably, the proposal includes staking rewards—a unique feature that sets it apart from other altcoin ETFs currently under SEC consideration.
If greenlit, this would mark the first-ever TRX-focused ETF in the U.S., signaling a significant step toward institutional adoption for Tron. It also reflects the growing investor interest in altcoins beyond Bitcoin and Ethereum.
Following the announcement, TRX experienced a modest price uptick of +0.25%, while the crypto community is abuzz with speculation about TRXETF’s potential in the expanding market of altcoin ETFs.
Could TRX be Wall Street’s next breakout crypto? Only time will tell.
