Canary Capital has officially submitted a proposal to launch a spot exchange-traded fund (ETF) in the United States that would track the price of Tron’s native cryptocurrency, TRX. What sets this ETF apart is its inclusion of staking rewards, making it one of the most innovative altcoin ETF applications currently under review by the U.S. Securities and Exchange Commission (SEC).
If approved, this would mark the first-ever TRX-focused ETF in the U.S. market—a significant milestone not only for Tron but for the broader altcoin ecosystem. The filing underscores the increasing appetite for digital assets beyond the dominant duo of Bitcoin and Ethereum, and could open the door to wider institutional exposure for TRX.
This move represents a pivotal step for Tron as it ventures deeper into institutional finance, reflecting the growing maturity and diversification of the crypto investment landscape.##TRXETF $BTC $SOL