Canary Capital has submitted a proposal to launch the Canary Staked TRX ETF, offering price exposure and staking rewards.
The ETF plans to use BitGo Trust for custody services and stake assets through third-party providers.
TRON, hosting the TRX token, has more than 300 million accounts and offers features like Gas Free transactions and strong integration.
While there is a bearish tendency and a Fear & Greed Index score of 33 (Fear), the Canary Staked TRX ETF offers new hope for investors in the crypto space.