$TRX

Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch the first exchange-traded fund (ETF) for TRON (TRX) that incorporates staking. The proposed "Canary Staked TRX ETF" aims to provide investors with exposure to the spot price of TRX while generating additional yield through staking rewards, currently estimated at around 4.5% annually. BitGo Trust Company is designated to act as the custodian, managing both the storage and staking operations of the TRX tokens. This initiative marks a significant step in integrating staking features into regulated financial products, potentially setting a precedent for future cryptocurrency ETFs that combine exposure to assets with yield-generating mechanisms.