#TRXETF

TRX (Tron) ETF is currently in the proposal stage. On April 18, 2025, Canary Capital filed with the U.S. Securities and Exchange Commission (SEC) to launch the Canary Staked TRX ETF, which would be the first U.S.-based ETF offering exposure to Tron’s native token, TRX, along with staking rewards.

Key Details of the Proposed TRX ETF

• Spot Exposure: The ETF aims to hold actual TRX tokens, providing investors with direct exposure to Tron’s price movements.

• Staking Component: A portion of the TRX holdings would be staked through third-party providers, potentially offering an annual yield of approximately 4.5%.

• Custody and Pricing: BitGo is designated as the custodian for the TRX assets, and the ETF’s pricing would be based on data from CoinDesk Indices.

Regulatory Considerations

The SEC has previously been cautious about approving ETFs that include staking features. However, the inclusion of staking in this proposal indicates a potential shift in regulatory openness to such structures.

International Availability

While the U.S. awaits regulatory approval, European investors already have access to a TRX investment product. VanEck offers a Tron ETP, which is 100% collateralized with TRX and trades on regulated exchanges.