Staked TRX ETF Launches in the US: A New Path for Crypto Investors?

Canary Capital's first staked TRX ETF (TRXS) has launched on Cboe BZX, providing investors with spot exposure to Tron's TRX alongside staking rewards.

The fund tracks the spot price of TRX while generating additional returns through staking on the Tron network.

According to the SEC filing, 80% of staking rewards accrue to the fund after a 20% staking fee, and the ETF charges a 1.10% annual sponsor fee, which is higher than many U.S. spot Bitcoin ETFs.