#TRXETF
Canary Capital has submitted an official request to launch the first ETF fund for $TRX with a staking feature, providing an opportunity for investors to earn periodic profits alongside price movements.
2. Support from Justin Sun 🧑💻
Tron founder, Justin Sun, expressed his excitement on platform X saying: “trx etf lfg!” which drew attention to the news.
3. Current Performance of the Coin 📉
Despite developments, $TRX is trading at $0.24 with a slight decline over the past week.
4. What Does This Mean? 💡
The ETF may represent a step towards attracting institutional investors, but it is advisable to continuously monitor the market.
5. Upcoming Predictions 🔮
If the ETF is approved, we may see a surge in demand for TRX in the future. Stay tuned for news!