#TRXETF Canary Capital has submitted a request to launch the first spot ETF in the U.S. based on TRX, the token of the Tron network. Unlike other proposals, this ETF would include staking rewards, a novelty that could attract both traditional investors and cryptocurrency enthusiasts. The initiative adds to the growing interest in altcoin ETFs, a phenomenon that continues to gain traction as the SEC evaluates multiple similar applications.
If approved, it would mark a milestone for Tron in the U.S. financial market, expanding investment options in regulated crypto assets. By offering direct exposure to the token's price along with passive income from staking, the TRX ETF could become an attractive instrument at a time when investors are seeking new alternatives to diversify their portfolios. Everything will depend, of course, on the regulator's verdict.
