#TRXETF refers to a proposed exchange-traded fund (ETF) by Canary Capital, filed with the U.S. Securities and Exchange Commission (SEC) on April 18, 2025, named the Canary Staked TRX ETF. This ETF aims to track the spot price of TRON’s native cryptocurrency, TRX, while incorporating staking rewards, offering investors exposure to TRX price movements and an estimated 4.5% annual staking yield. TRX, with a market capitalization exceeding $22 billion, is the ninth-largest

cryptocurrency and a leader in stablecoin (USDT) transactions due to its high-capacity, low-fee blockchain.$USDC

The ETF would hold actual TRX tokens, with BitGo Trust Company as custodian and CoinDesk Indices for price tracking. This is the first TRX-related ETF proposal in the U.S., notable for including staking in its initial filing, though the SEC has historically been cautious about approving staking components in crypto ETFs, as seen with delays in similar Ethereum ETF proposals.

The filing reflects growing institutional interest in altcoin ETFs, spurred by a more crypto-friendly regulatory environment following U.S. political shifts in 2025, though approval remains uncertain due to regulatory hurdles and TRON founder Justin Sun’s past SEC charges for alleged market manipulation.