#TRXETF #TRXETF TRXETF Has interesting news in the world of cryptocurrency. Justin Sun, the founder of Tron (TRX), has confirmed that a TRX exchange-traded fund (ETF) is in the works. Here’s what you need to know ¹:
- *TRX ETF Application*: Canary Capital has submitted a Form S-1 application for a TRX stake 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 different 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 change.