What's new? 🆕
Canary Capital has officially applied to launch the first ETF fund for $TRX with a staking feature, providing investors with the opportunity to earn periodic profits alongside price movements.
2. Support from Justin Sun 🧑💻
Founder of TRON, Justin Sun, expressed his excitement on platform X saying: “TRX ETF LFG!” which attracted attention to the news.
3. Current performance of the currency 📉
Despite the developments, $TRX is trading at $0.24 with a slight decline over the last week.
4. What does this mean? 💡
An ETF could be a step towards attracting institutional investments, but it's advised to constantly monitor the market.
5. Upcoming predictions 🔮
If the ETF is approved, we may witness a surge in demand for TRX in the future. Stay tuned for updates!