#TRXETF

Canary Capital Files for First-Ever U.S. 🇨🇦

In a bold move, Canary Capital has filed for the first U.S. spot ETF tracking Tron (TRX) – and it comes with staking rewards. If approved, this ETF would allow investors to gain price exposure to TRX plus passive income through staking.

⚡ Why this matters:

The inclusion of staking shows growing institutional interest in yield-generating altcoins. This is more than just a speculative play – it’s the first step in bringing DeFi-like income into traditional finance.

⸻

❇️ Pro Trader’s Playbook:

• Accumulation Zone: $0.105 – $0.115

(Historically strong support level with breakout potential)

• Profit Targets:

• 🎯 Short-term: $0.2 – $0.22 (news momentum + resistance zone)

• 🚀 Long-term: $0.18 – $0.20 (ETF approval + bullish market)

• Bonus Yield:

If staking is included, projected returns could reach 5–7% APY, making this ETF more attractive than some stablecoin farms.

⸻

🔎 Big Picture Outlook:

Altcoin ETFs are gaining traction. With Bitcoin and Ethereum ETFs leading the charge, TRX might be the first of many. Expect follow-ups from SOL, LINK, AVAX, and ATOM.

Would I invest?

✅ Yes – if it includes staking rewards and stays low on fees, the TRX ETF could become a top-tier hybrid product offering both growth and yield.