Canary Capital Launches Staked TRX ETF with Exposure to Tron's Growing Payments Infrastructure
Canary Capital has launched its Canary Staked TRX ETF in the US market. This new fund offers exposure to both the spot price of Tron's native token, TRX, and potential staking rewards through the blockchain network's validation process.
The ETF, trading under the ticker TRXS, aims to give investors a registered exchange-traded vehicle linked to both token price movements and on-chain yield generation. This fund is designed to attract institutional and retail investors seeking digital asset exposure beyond Bitcoin and Ethereum via Tron's growing presence in global payments and DeFi.
Tron supports over $94 billion in circulating Tether (USDT) and has processed about $5.6 trillion in USDT transfer volume year-to-date, underscoring its role in decentralized finance and blockchain-based applications.