New heights for $TRX are possible with this ETF approval.
Canary Capital, an investment company, has asked the US government (SEC) to let them create a new investment product called the Canary Staked TRX ETF.
This product allows people to invest in Tron (TRX) and earn rewards just by holding it.
Think of it like a special kind of savings account that earns interest, but instead of money, it's for TRX.
This will make it easier for more people to invest in TRX.
Canary Capital has already asked the government to approve other similar products for different cryptocurrencies.
If approved, the Canary Staked TRX ETF will provide a new investment opportunity for TRX, potentially increasing its value.
The @trondao network, which is behind TRX, is also doing well. It has a lot of users and a big amount of money locked into its system. This means good things for TRX and the people who invest in it