The Canary Staked TRX ETF (TRXS) has launched in the US, providing investors with exposure to TRX, the native token of the Tron network. The ETF allows at least 90% of its TRX holdings to be staked, enabling investors to earn additional TRX through staking rewards.
TRXS shares trade on Cboe BZX, and the fund's net asset value is based on the CoinDesk Tron Benchmark Rate.
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