Canary Capital launched the Canary Staked TRX ETF in the U.S. market under the ticker TRXS, giving investors exposure to TRX through traditional markets. TRX rewards generated through Tron’s PoS staking mechanism will be included in the fund’s net asset value. Tron has a market capitalization of about $32.1 billion, ranking as the eighth-largest crypto asset, and is widely used for payments and settlements through low-cost, efficient on-chain stablecoin transfers. Canary Capital has previously launched crypto ETFs tracking HBAR, Litecoin, and XRP.