#TRXETF Canary Capital has filed a proposal with the US Securities and Exchange Commission (SEC) to launch the Canary Staked TRX ETF, which would provide investors with exposure to Tron (TRX) and allow them to earn staking rewards. This ETF would be the first in the US to track TRX and utilize its staking functionality to generate additional yield.

*Key Details:*

- *ETF Structure*: The fund would hold actual TRX tokens and stake a portion of them through trusted third-party platforms, with BitGo Trust Company serving as custodian.

- *Staking Rewards*: TRX staking offers an annual reward of around 4.5%, according to (link unavailable)

- *Market Impact*: If approved, this ETF could pave the way for a new generation of staking-enabled ETFs, offering both price exposure and passive yield in a fully compliant structure ¹ ².

*Current Market Sentiment:*

- TRX is currently trading at around $0.2415, down 1.87% over the last 24 hours and 3.06% over the last 7 days.

- Market sentiment is neutral, but there's a 47% bearish tendency, and the Fear & Greed Index score is stuck at 33, indicating "Fear".

*Regulatory Outlook:*

- The SEC has not yet suggested when it will rule on the Canary Staked TRX ETF, but the outcome could greatly affect the future of crypto ETFs in the United States ³ ¹.