#TRXETF Canary Capital has filed for a U.S. spot ETF that will track the price of Tron’s TRX token—potentially a game-changer for TRX holders and crypto adoption. This ETF proposal stands out as it also includes staking rewards, offering both price exposure and passive income. If approved, it would mark a major milestone for Tron, giving institutional investors a regulated path to gain exposure to TRX. This move could spark new momentum for TRX and drive greater market liquidity.

Will TRX follow in the footsteps of Bitcoin ETFs? Time will tell.#TRXETF

Canary Capital has filed with the SEC to launch the first-ever spot TRX ETF featuring a staking component, called the Canary Staked TRX ETF. This innovative fund aims to provide investors exposure to Tron’s native token price movements while allowing them to earn staking rewards, a feature that sets it apart from other crypto ETFs. The fund will hold actual TRX tokens under custody by BitGo Trust Company. Notably, TRX is part of the WLFI investment portfolio, aligning with other altcoins applying for spot ETFs that are either US coins or in WLFI’s portfolio. This move highlights growing institutional interest in TRX despite regulatory challenges around staking in ETFs.