#TRXETF
At its core, the TRX ETF proposal by Canary Capital seeks to launch a spot ETF (exchange-traded fund) that directly holds TRX—the native token of the TRON blockchain.
But unlike other crypto ETFs that simply track token prices, this fund goes a step further: it plans to stake the TRX it holds, allowing investors to earn passive rewards generated by the TRON network’s staking mechanism.
In simpler terms, investors wouldn’t just bet on TRX price movements—they’d also earn a portion of the blockchain rewards, similar to how crypto users benefit from staking directly through a wallet. However, in this case, the ETF and its infrastructure would handle all the technical backend.