Bullish
Canary Capital launches first staked TRX ETF in US markets
On September 9, 2026, Canary Capital introduced the first staked TRX ETF, trading under the ticker TRXS, on US markets. This product offers investors exposure to TRON's native token, TRX, along with staking rewards, without the need to hold the asset directly. The ETF is structured to stake at least 90% of its TRX holdings, with net staking rewards reflected in the fund's net asset value.
Key points
- The launch of the TRXS ETF provides a new avenue for institutional and retail investors to gain exposure to TRON's ecosystem, potentially increasing demand for TRX.
- The ETF's structure, which includes staking rewards, may attract investors seeking passive income from their holdings.
- The listing on US markets signifies growing acceptance and integration of TRON within traditional financial platforms.
Sources
AI-generated from public news sources. Not financial advice.
