#TRXETF
A big step for TRX! Canary Capital has submitted an application to the U.S. Securities and Exchange Commission (SEC) with a plan to launch the first ETF in the U.S. that supports TRX staking. The fund will hold spot TRX tokens and engage in staking to generate an income of about 4.5% per annum. 📈 As of April 20, 2025, the market capitalization of TRX exceeded $22 billion, with the token price at $0.24. The application is still under review, with a decision expected in June 2025. This is the first TRON ETF, which is expected to strengthen its position in the DeFi space and attract more investors. 💪 Despite regulatory challenges, interest in altcoin ETFs continues to grow.