📅 April 19, 2025 | 📌 ETF News
Key Highlights:
✔️ First-ever $TRX spot ETF filing with staking rewards
✔️ BitGo as custodian | CoinDesk Indices for pricing
✔️ SEC decision pending amid ongoing staking debate
Why This Matters:
• Potential game-changer for yield-bearing crypto ETFs
• Follows SEC's recent delay on Grayscale's ETH staking proposal
• Tests new SEC leadership's stance under crypto-friendly Paul Atkins
Market Context:
◾ $ETH ETF issuers previously removed staking to gain approval
◾ $TRX would be first altcoin with staking ETF if approved
◾ Current TRX price: $0.12 (+2% on news)
What's Next?
⏳ SEC review process begins (typically 45-90 days)
👀 Watch Grayscale's ETH staking decision (May 2025)
📊 Potential TRX price volatility as narrative develops
Community Question:
Does a staked TRX ETF make you more bullish on $TRX?
💬 Comment below!
#TRX #etf #CryptoNews #TRXETF #Binance
(Source: CoinDesk, edited for Binance Square)