#TRXETF

TRXETF Overview: Token vs. ETF Proposal

TRXETF refers to two things: a token and a potential ETF.

TRXETF Token:

BEP-20 token on Binance Smart Chain.

Launched March 2024, 1 billion total supply.

Very low price and activity; over 1,100 holders.

TRX ETF (Exchange-Traded Fund):

Proposed product for exposure to TRON’s TRX without direct ownership.

Justin Sun hinted at its launch.

Canary Capital filed with the SEC for a staked TRX ETF.

Offers staking rewards but awaits regulatory approval.

Faces challenges due to TRON’s past scrutiny.

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