$TRX

Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch the first-ever exchange-traded fund (ETF) for Tron (TRX) that includes a staking feature. The proposed "Canary Staked TRX ETF" aims to provide investors with the opportunity to gain exposure to the spot price of TRX while earning additional returns through staking rewards, which are currently estimated at around 4.5% annually. BitGo Trust Company will act as the custodian, managing the storage and allocation of TRX tokens. This initiative represents an important step in integrating staking features into regulated financial products, which could set a precedent for future cryptocurrency exchange-traded funds that combine asset exposure with yield-generating mechanisms.