#TRXETF

In April 2025, Canary Capital filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) to launch the first-ever spot TRX ETF. This ETF aims to provide investors with direct exposure to TRX, the native token of the Tron blockchain, and includes a staking component to offer potential annual yields of approximately 4.5% . The ETF plans to hold actual TRX tokens, with custody managed by BitGo Trust Company .

The inclusion of staking rewards in an ETF is a novel approach and may face regulatory scrutiny, as the SEC has yet to approve such features in crypto ETFs . Tron founder Justin Sun has publicly supported this initiative, highlighting its potential to bring TRX to mainstream investors .