#波场ETF
The American asset management company Canary Capital has submitted an application to launch an ETF (Exchange-Traded Fund) that includes the native token TRX of the TRON blockchain network. According to the application documents, the fund plans to hold TRX for immediate trading and engage in partial token staking to generate additional income. Considering that the total market capitalization of TRX exceeds $22 billion, staking TRX can yield approximately 4.5% annually.
Canary's application stands out among many competing cryptocurrency ETF proposals because it applied for cryptocurrency staking permissions from the outset. Meanwhile, other U.S. ETFs, such as those for Ethereum, have only applied for staking after listing and are still awaiting decisions from regulatory authorities.
TRON is a proof-of-stake blockchain network founded by Justin Sun, who also owns Rainberry, the company that developed the BitTorrent protocol. In March 2023, the Securities and Exchange Commission charged Justin Sun with manipulating the prices of TRON tokens and BitTorrent tokens. By February, both parties had requested to delay the lawsuit for settlement negotiations.