#TRXETF TRX takes an institutional step: The first Tron ETF with staking is presented in the U.S.
The Tron ecosystem could be on the verge of reaching a new milestone. Canary Capital has officially submitted a proposal to the SEC to launch the first TRX ETF with an included staking mechanism, something never seen before in the U.S. market.
This ETF aims to replicate the price of TRX while offering estimated staking returns of 4.5% annually, all within a regulated framework and with custody secured by BitGo. The proposal includes the use of external providers for staking operations, maintaining transparency and security as key pillars.
What does this mean for investors?
Greater institutional exposure: If approved, it will be a direct avenue for funds and traditional investors to access TRX without technical complications.
Regulated passive income: The combination of ETF + staking could revolutionize the way digital assets are perceived as income vehicles.
Boost to liquidity and the TRON ecosystem: The public backing from Justin Sun and the expectations surrounding the approval could translate into greater adoption.
Currently, TRX is trading around $0.2445, with a positive daily yield. This move could become a precursor to sustained growth, depending on the regulatory response.