#波场ETF

In terms of news, Canary Capital has applied for a U.S. spot ETF that will track the price of Tron’s (TRX) token and include staking rewards. If approved, this will be the first Tron ETF in the U.S., joining a wave of altcoin ETF proposals currently under review by the U.S. Securities and Exchange Commission (SEC).

From a market perspective, #TRXUSDT has been consolidating sideways for nearly 5 months from last December until now. During these 5 months, using Binance bots for arbitrage would have been quite suitable. However, despite the many speculative logics and news surrounding this coin, it cannot escape the fate of being an altcoin.

From the recent 5 months of sideways consolidation and fluctuations, it indicates that the Tron team has adequately prepared for the ETF application. At least there will not be a significant loss effect. The team has definitely done some stabilization work.