Canary Capital launched TRXS, the first U.S. ETF providing spot exposure to Tron’s TRX along with staking rewards. The fund stakes at least 90% of its holdings to generate yield but charges a 1.10% annual sponsor fee and takes 20% of staking rewards, which are higher costs than typical spot Bitcoin ETFs. Liquidity risks exist due to Tron’s unstaking periods, and the ETF lacks usual investor protections like FDIC insurance. TRX’s price has shown little reaction since the ETF debut, indicating cautious investor response. This ETF could pave the way for more staking-based crypto ETFs beyond Bitcoin and Ethereum in the U.S.
Canary Capital has launched the Staked TRX ETF on the Cboe BZX Exchange, allowing U.S. investors to gain regulated exposure to TRON (TRX) along with staking rewards. The ETF, trading under ticker TRXS, carries a 1.10% management fee and plans to stak...
The Canary Staked TRX ETF (TRXS) has launched on the Cboe exchange, marking the first U.S. ETF to offer staked exposure to TRON's native token, TRX. The fund stakes nearly all its TRX holdings, reinvesting 80% of staking rewards back into the fund's ...
Canary Capital has introduced the first staked TRX ETF, trading as TRXS in the U.S., allowing investors to gain exposure to TRON's native token while earning staking rewards. The fund stakes nearly all its TRX holdings, incorporating rewards into its...
Tron founder Justin Sun has unstaked a total of 10,000 ETH from the Lido liquid staking protocol since August 26, moving about $12.3 million of that ether to Poloniex, an exchange he supports. While this shows some liquidity being freed up, Sun still...
The privacy sector of cryptocurrencies has risen 213% since Bitcoin's October 2025 high, outperforming all other sectors which remain below their previous peaks. Zcash (ZEC) has been the main driver, soaring 2,496% and moving from the 82nd to the 7th...
