#TRXETF If the proposed ETF of $TRX by Canary Capital is approved, it could have a significant impact on the TRON ecosystem and the cryptocurrency market in general. Below are the possible effects:
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📈 Potential Increase in Demand and Price of TRX
The approval of the ETF would allow institutional and retail investors to access TRX through regulated markets, which could increase demand for the token. Additionally, by including staking features, investors could earn additional returns, making the investment more attractive. This increase in demand could drive the price of TRX upward.