Is the first exchange-traded fund (ETF) for TRX with staking rewards coming to the United States?

Canary Capital has announced the submission of an application to create the first exchange-traded fund (ETF) in the United States that tracks the price of TRX, the digital currency of the Tron platform, and includes staking rewards. If approved, this will be the first Tron ETF in the United States, adding to the wave of proposals for exchange-traded funds for alternative currencies currently under review by the U.S. Securities and Exchange Commission (SEC).

This move is significant as it provides American investors a regulated way to invest in TRX with the potential to earn additional income through staking rewards. Currently, the annual yield from staking TRX is estimated at around 4.5% on platforms like Coinbase.

However, the future of this ETF is still under review by the SEC, which has expressed reservations in the past about including staking features in cryptocurrency exchange-traded funds. It remains to be seen how the regulatory body will handle this new application.

The question remains: will you invest in the TRX ETF with the staking feature? What do you think about the gaining momentum of exchange-traded funds for alternative currencies?