TRXS ETF Launches on Cboe, Combining TRX Exposure with Staking Rewards

Canary Capital's TRXS ETF has started trading on Cboe under the ticker TRXS, marking the first US-listed exchange-traded fund to combine direct exposure to TRON's native token with built-in staking rewards.

The product provides a brokerage-based route to TRX without requiring investors to hold the token directly or manage the technical process of staking it.

TRXS tracks the value of its TRX holdings after expenses and liabilities, while also earning additional TRX through staking. Staking fees are capped at 20% of the rewards generated, with the remaining 80% retained by the trust in its daily net asset value.