TRON ETF Launches Quietly as Zcash Surges to New Highs

The TRON (TRX) ETF has made its debut on the CBOE, marking a relatively quiet start for the fund. The Canary Staked TRX ETF, offered by Canary Capital, is trading under the ticker symbol TRXS and provides exposure to staked TRX tokens.

Justin Sun, founder of Tron, highlighted the launch in a recent statement, emphasizing the potential benefits of the ETF for investors.

In related news, Zcash (ZEC) has seen significant gains in recent weeks, with its price reaching $1,249.28, its highest level since 2016. The token's market capitalization has surpassed $20 billion, driven by a 140% gain over the past month.