The first spot TRX ETF in the U.S., launched by Canary, debuted on September 10 on the CBOE without recording any net flows. First-day trading volume barely reached $16,700: total net assets stand at around $50.38 million with a management fee of 1.10%. The token trades at $0.
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Canary Capital just dropped something genuinely new.
The launch of the TRX ETF with staking could drive institutional interest in crypto, enhancing market liquidity and mainstream adoption. Canary Staked TRX ETF launches as first US spot TRX fund with built-in staking.
The Canary Staked TRX ETF (TRXS) begins trading on Cboe on September 9, giving U.S. investors their first exchange-traded product built around both direct TRX exposure and staking.
Canary Capital's TRXS brings spot TRX exposure and staking rewards, but the ETF comes with notable costs and structural risks.
Canary Capital is launching its Staked TRX ETF on September 9, giving U.S. investors regulated exposure to TRON (TRX) alongside staking rewards. The fund will trade on the Cboe BZX Exchange under the ticker TRXS, while the TRON price has gained more than 1% over the past 24 hours.
Canary's TRXS ETF launched in the US on Sept. 9, offering TRX exposure and a plan to stake at least 90% of holdings in normal conditions.
On Wednesday, September 9, Canary Capital officially commenced trading for its Canary Staked TRX ETF on the Cboe exchange, operating under the TRXS ticker. This marks a milestone as the first exchange-traded fund in America offering staked exposure to TRON's native digital asset.
The Canary Staked TRX ETF has begun its U.S. market debut under the ticker TRXS, giving investors exposure to TRON's native token while incorporating rewards earned from staking.
Canary Capital's Canary Staked TRX ETF is expected to begin trading on Cboe BZX on September 9 under the ticker TRXS. The fund provides regulated U.S. brokerage access to TRX while adding staking exposure.