#TRXETF
The company “Canary Capital” has officially submitted a request to the U.S. Securities and Exchange Commission (SEC) to launch the first exchange-traded fund (ETF) listed in the United States that focuses on the TRX currency of the Tron network, and includes the ability to earn rewards through staking and delegation.
The proposed fund, named “Canary Staked TRX ETF,” aims to track the spot price of TRX using pricing indexes from CoinDesk, after deducting operational costs.
“BitGo Trust” will be responsible for custody of the digital assets within the fund, including full control over the private keys.
