#ETH Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron’s native token, TRX, according to a filing.

1 Canary Capital has filed for a U.S. spot ETF that would track the price of Tron’s TRX token and include staking.

2 The proposed fund would use third-party providers for staking and BitGo as custodian, with pricing data from CoinDesk Indices.

3 The SEC has previously resisted staking features in crypto ETFs, though the current leadership may be more open to them.

The high throughput of TRONPROTOCOL, underpinned by improved network TPS, makes TRON a better option for day-to-#EthereumFuture 🫣