[Staking-based ETF 'Canary Staked TRX ETF' Linked to Tron Launches in the U.S. Market, Ticker: TRXS] According to The Block, crypto asset management firm Canary Capital has launched the first staking-based ETF linked to Tron, named 'Canary Staked TRX ETF,' with the trading ticker TRXS. This provides investors with a new way to gain exposure to TRX through traditional markets. Rewards earned from TRX staking via the Tron network's PoS mechanism will be included in the fund's net asset value. The report notes that Tron's current market capitalization is approximately $32.1 billion, making it the eighth-largest crypto asset. Tron is widely used for payments and settlements due to its low on-chain stablecoin transfer costs and high efficiency. Canary Capital has previously launched multiple crypto ETFs tracking assets such as HBAR, Litecoin, and XRP.