Canary Capital has launched the first U.S. Tron staking ETF, which begins trading today.

The first U.S. staking ETF linked to TRON (TRX) began trading on September 9, with the ticker symbol TRXS, and is issued by Canary Capital. The ETF not only offers exposure to TRX’s price, but also participates in the staking mechanism of the TRON network. Staking rewards will be included in the fund’s net asset value, providing traditional market investors with a new channel to access TRX and staking yields. Canary Capital noted that as stablecoins continue to gain global popularity, TRON has become an important infrastructure for digital asset payments and settlements. The TRON network is widely used for stablecoin transfers due to its low costs and high efficiency. Over the past year, Canary Capital has launched multiple crypto ETFs covering assets including HBAR, Litecoin, and XRP.