The probability of Canary Capital successfully applying for TRX staking ETF is extremely low, it's just impossible!

The SEC has previously initiated an investigation into TRX for securities violations, and the latest allegations from the Department of Justice claim that 70% of its trading volume is false data. Combined with the staking mechanism having a collapse risk similar to LUNA, and the SEC's approval rate for crypto staking being less than 22%, the technical flaws and legal risks within the TRX ecosystem make it difficult to pass the stringent review. This application is more likely to become capital speculation rather than a substantive breakthrough.

Sun's move of retreating to advance is quite clever. $TRX