#TRXETF The TRX ETF could test the SEC's stance on staking assets

The filing designates BitGo Trust Company as the custodian of the TRX holdings and names Canary Capital as the fund's sponsor.

Justin Sun, founder of TRON, commented on the development, urging U.S. investors to act quickly. He emphasized TRX's potential for long-term growth and suggested that institutional interest would likely increase if the ETF is approved.