#TRXETF
As of April 20, 2025, there isn't a traditional Exchange Traded Fund (ETF) specifically focused solely on TRON (TRX) that is widely available in major markets like the United States. However, there are Exchange Traded Notes (ETNs) that provide exposure to TRON. For instance, VanEck offers a TRON ETN (VTRX) in Europe.
Recently, on April 18, 2025, Canary Capital filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for a spot TRON ETF with staking rewards, named the "Canary Staked TRX ETF." This proposal is the first of its kind in the U.S. and aims to provide investors with exposure to the price of TRX while also offering staking rewards, potentially an annual yield of 4.5%. BitGo Trust Company would act as the custodian for the TRX holdings.
If approved, this TRX ETF could offer several benefits, such as simplified investment in TRX for traditional investors, potential staking rewards, and diversification within a crypto portfolio. However, it also carries risks inherent in cryptocurrency investments, including price volatility, regulatory uncertainty (especially regarding staking), and potential security risks associated with digital assets. The SEC's stance on crypto ETFs with staking features is currently unclear, adding to the uncertainty of approval.