On April 19, 2025, Justin Sun, the founder of the TRON network, announced that "Canary Capital" has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) known as the "Canary Staked TRX ETF".

Key features of the fund:

1- Tracking the spot price of TRX: The fund aims to follow the spot price of TRON (TRX) in the market.

2- Providing returns through staking: The fund plans to offer an annual return of about 4.5% to investors by staking a portion of the held TRX coins.

3- Custody management by BitGo$ETH