POPA ReconFirst Staked TRON ETF Debuts in the US
First Staked TRON ETF Debuts in the US Canary launched a staked TRON ETF, TRXS, which begins trading on Cboe today as the first US fund tracking TRON's TRX while staking the tokens it holds. TRXS earns extra TRX through TRON's proof-of-stake system: the trust stakes substantially all of its holdings, staking fees are capped at 20% of rewards, and the remaining 80% is retained and folded into the fund's daily net asset value instead of being paid out separately. The annual sponsor fee is 1.10%, accruing daily and payable in TRX or cash. BitGo Bank & Trust custodies the TRX, U.S. Bank handles…
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