#TRXETF A TRX ETF would be an exchange-traded fund that seeks to replicate the performance of the TRON (TRX) token. This would allow investors to gain exposure to the price of TRX without the need to buy and store the cryptocurrency directly.
Recently, a proposal for a TRX ETF with staking was 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, making investment in this cryptocurrency easier for a broader audience through a regulated and familiar investment vehicle.