#TRXETF Canary Capital has filed for a staked TRX ETF with the SEC. The proposed Canary Staked TRX ETF would hold spot TRX tokens and stake a portion to generate additional yield, currently offering around 4.5% annual rewards.

🔹️Market Impact: This move could attract institutional investors and boost TRX's price, but market sentiment remains neutral with a 47% bearish tendency.

🔸️Regulatory Outlook: The SEC's decision on this ETF could set a precedent for future staking-based ETFs and impact the broader crypto market.

TRX's current price is $0.24, with a market capitalization of $23.54 billion. Despite the ETF filing, TRX's price has dropped 1.28% daily and 2.8% weekly due to bearish sentiments.

Justin Sun, Tron founder, has publicly endorsed the TRX ETF, linking to the SEC filing and sparking interest among investors. The ETF's approval could pave the way for a new generation of staking-