#TRXETF

On April 18, 2025, Canary Capital filed with the U.S. Securities and Exchange Commission (SEC) to launch the first-ever spot TRX ETF, incorporating staking capabilities. This proposed fund aims to provide investors with exposure to Tron’s native token, TRX, while offering an estimated 4.5% annual yield through staking rewards—a feature yet to receive SEC approval in any crypto ETF. Tron founder Justin Sun endorsed the filing, sharing the news on social media and highlighting its potential to attract significant institutional interest. Following the announcement, TRX’s trading volume on Binance surged by 120%, and its price experienced a notable uptick, reflecting heightened market enthusiasm. If approved, the Canary Staked TRX ETF could set a precedent for future staking-integrated cryptocurrency investment products.