#TRXETF TRXETF There is exciting news in the world of cryptocurrency. Justin Sun, the founder of Tron (TRX), has confirmed that a TRX exchange-traded fund (ETF) is being pursued. Here’s what you need to know ¹:

- *TRX ETF Registration*: Canary Capital has submitted a form S-1 application for a TRX staking ETF, which will track the spot price of TRX and provide investors with an annual yield of 4.5% through staking rewards.

- *Special Feature*: This ETF will be the first fund to include staking rewards, making it stand out from other cryptocurrency ETF proposals.

- *SEC Review*: The U.S. Securities and Exchange Commission (SEC) has yet to approve any ETF with a staking component, so if approved, this could be a game changer.

- *Market Impact*: TRX has seen significant growth, up over 122% in the past year and becoming the ninth largest cryptocurrency by market capitalization.

Key information about TRX ² ³:

- *Current Price*: $0.2419, with a 1.38% increase in the past 24 hours

- *Market Capitalization*: $22.97 billion

- *24-Hour Trading Volume*: $431.01 million

VanEck TRON ETN (VTRX) is another investment product.

An ETF (Exchange-Traded Fund) is a type of investment fund that is traded on stock exchanges, similar to stocks. An ETF can represent multiple assets such as stocks, bonds, commodities, or cryptocurrencies. For example: Bitcoin ETF, Ethereum ETF...

Currently, there are no official TRX ETFs approved by major exchanges or the SEC (U.S.). However, it is possible that some international exchanges (or platforms like Binance, Bitfinex...) create financial products that simulate TRX ETFs for users to trade more easily.