TRON's Canary Staked TRX ETF Takes Flight on Fidelity
TRON DAO has confirmed that its Canary Staked TRX ETF is now available on Fidelity, providing institutional and retail investors with direct access to staked TRX through conventional brokerage channels.
This development marks a significant milestone for the TRON ecosystem, as it enables investors to gain exposure to staked TRX without having to hold or manage the underlying asset themselves.
The price action on the 4-hour chart suggests that TRX is currently range-bound, with support at $0.34 where the EMA50 and EMA200 converge. The RSI is at 48.19, indicating neutral momentum, while the MACD has printed a death cross at zero.
The Bollinger band, which includes an upper resistance also at $0.34, indicates that TRX may continue to trade within this range until a decisive break above or below occurs.