#TRXETF The trending news about the TRX ETF centers on Canary Capital's filing with the U.S. Securities and Exchange Commission (SEC) on April 18, 2025, for the Canary Staked TRX ETF.
This is the first ETF proposed for Tron (TRX), aiming to track the spot price of TRX while incorporating a staking feature to offer investors an annual yield of approximately 4.5%. The filing has sparked significant buzz, with Tron founder Justin Sun validating the news on X, stating, "Finally seeing something that makes sense on the SEC website — TRX ETF LFG!!!"
The ETF, if approved, would be a pioneering move, as no U.S. crypto ETF currently includes staking. Social sentiment on X remains bullish, with posts highlighting potential institutional interest and price upticks, though TRX experienced a -2% to -3.2% dip recently, trading around $0.24 with a market cap of $22.86 billion.
The filing is seen as a potential catalyst for broader adoption and liquidity, but approval is still pending, and volatility is expected.