#TRXETF TRX ETF news is heating up. Justin Sun, the founder of Tron, has confirmed speculation surrounding a potential spot TRX exchange-traded fund (ETF) filing with staking rewards. Here's what's new ¹ ²:

- *TRX ETF Filing*: Canary Capital submitted a Form S-1 filing with the U.S. Securities and Exchange Commission (SEC) for the Canary Staked TRX ETF, which would track the spot price of TRX and offer investors a 4.5% annual yield through staking rewards.

- *Staking Component*: This ETF proposal stands out by including staking as a core element, which could set a precedent for future staking-based ETFs. The staking rewards will be generated through trusted third-party platforms, with BitGo Trust Company managing custody of the tokens.

- *Market Impact*: The outcome of this ETF filing could significantly affect the future of crypto ETFs in the United States. If approved, it may pave the way for a new generation of staking-enabled ETFs, offering both price exposure and passive yield in a fully compliant structure.

*Current TRX Market Performance* ³:

- *Market Capitalization*: $23.54 billion

- *Current Price*: $0.25

- *Percent Change*: 1.32%

*Existing TRX Investment Products* ⁴:

- *VanEck TRON ETN*: Tracks the performance of TRON (TRX) with a total net asset value of $39.72 million and a total expense ratio of 1.50%. This product is 100% collateralized with TRON (TRX) and tradeable like an ETF on regulated stock exchanges.