#TRXETF In April 2025, Canary Capital filed for a groundbreaking TRX ETF with the U.S. SEC. This proposed exchange-traded fund would hold actual TRX tokens and incorporate staking rewards, offering investors exposure to both the spot price and staking yields of TRX. BitGo Trust Company is designated as the custodian for the fund's crypto holdings.
Tron founder Justin Sun publicly endorsed the initiative, highlighting its potential to bridge traditional finance and decentralized networks. Despite this, TRX's market price remains subdued, reflecting cautious investor sentiment amid broader market conditions.
If approved, the TRX ETF would mark a significant step in integrating cryptocurrencies into mainstream financial products, potentially attracting institutional investors and enhancing TRX's market presence.