#TRXETF

As there is currently no approved and trading spot TRX ETF in the United States, there has been a significant development regarding one.

Now, Canary Capital filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a proposed Staked TRX ETF.

This proposed exchange-traded fund aims to offer investors exposure to the spot price of Tron (TRX) and also intends to utilize a staking feature to potentially generate yield on the underlying TRX holdings.