Crypto
Cboe Lists Canary Staked TRX ETF on September 9
Justin Sun has confirmed that the Canary Staked TRX ETF will be listed on Cboe on September 9 under the ticker $TRXS. This follows a prospectus filing on August 19, which paved the way for increased institutional exposure to TRX.
The current price of TRX is $0.34, with both the EMA50 and EMA200 lines sitting at $0.33. The price has been testing the upper Bollinger resistance at $0.34, while the RSI(14) is at 65.12 and the MACD has registered a golden cross.
As a result, a healthy retracement to the 50-EMA support at $0.33 appears probable before continuation. This development is expected to feed into updated TRX price prediction models and the broader trend of crypto ETF listings amid current market volatility.