The Canary Capital has submitted an application for a spot ETF in the USA, which will track the price of the TRX token from Tron and include staking rewards. If approved, it will become the first Tron ETF in the USA, adding to the wave of ETF proposals for altcoins that are currently under review by the SEC.
I am not so concerned about whether the trx ETF will pass or not, the bigger question is about the token price.
Let me explain why. Currently, Tron has quite high fees, considering that gas prices remain at the same level, and the token price is rising, accordingly, the cost of transactions will also increase... not to say that this is pleasant 😏
