TRON DAO Introduces First Regulated US Spot Staked TRX ETF
TRON DAO and Canary Funds have collaborated to launch the first US spot staked TRX ETF, providing traditional investors direct access to TRX price movements and delegated proof-of-stake rewards. This product targets spot TRX holdings while participating in network validation.
The structure of this new ETF mirrors earlier staked products but marks the initial regulated vehicle for the TRON token in American markets. Institutional desks tracking TRX price prediction flows now have a clean on-ramp that bypasses direct wallet custody.
As TRX tests its upper Bollinger resistance at $0.34, with an RSI of 58.34 and a MACD printing a death cross, a healthy retracement toward the EMA50 support at $0.34 appears probable before any sustained continuation.