#TRXETF A TRX ETF would be an exchange-traded fund that seeks to replicate the performance of the TRON token (TRX). This would allow investors to gain exposure to the price of TRX without the need to buy and store the cryptocurrency directly.

Recently, an application for a TRX staking ETF has been submitted to the U.S. SEC by Canary Capital. This proposed ETF would seek to offer investors both exposure to the spot price of TRX and staking rewards, with an estimated annual yield of 4.5%.

The approval of this type of ETF could signify an important step for the institutional adoption of TRX, facilitating investment in this cryptocurrency to a broader audience through a regulated and familiar investment vehicle.