#TRXETF #TRXETF

Canary Capital has filed an application with the US Securities and Exchange Commission (SEC) for a spot TRON exchange-traded fund (ETF) called the Canary Staked TRX ETF. This proposed fund aims to offer investors direct exposure to TRON's native token, TRX, while enabling them to earn additional rewards through staking.

*Key Features of the Proposed TRX ETF:*

- *Staking Component*: The ETF would stake a portion of its TRX holdings to generate added yield for investors.

- *Custodian*: BitGo Trust Company would provide custody services for the ETF's TRX holdings.

- *Investment Goal*: The fund's objective is to track the price performance of TRX while providing staking rewards.

*Market Impact:*