#TRXETF
TRX ETF Filing
Canary Capital's Filing Canary Capital has filed for a spot TRX ETF with staking rewards, marking the first official bid for a staked TRX ETF in the US. This ETF aims to track TRXs spot price while offering a 4.5% annual yield through staking rewards.
SEC Approval Pending The US Securities and Exchange Commission SEC hasnt approved any ETF with a staking component yet. Grayscales similar request for its Ethereum fund is still under review.
TRX Market Performance
Current Price TRX is trading at $0.25 with a 1.36% increase in value.
Market Capitalization TRXs market cap stands at $23.54 billion.
Yearly Performance TRX has surged over 122% in the past year with a 5.52% gain in the past month.
VanEck TRON ETN
Product Description VanEcks TRON ETN VTRX tracks the performance of TRX offering exposure to Asias leading blockchain platform.
Key Features 100% collateralized with TRX, tradeable on regulated stock exchanges and stored at a regulated crypto custodian with crypto insurance.
Risk Factors Volatility risk currency risk technology risk and legal and regulatory risks are associated with investing in this ETN please comment below