Last time, we looked at the Canary Staked TRX ETF.
we covered the news that "TRXS" started trading on Cboe🔥
This time, continuing from that,
Compared with ETFs on other chains,
So where does the TRX ETF fit?
That’s what we want to look at.
First, as a major trend,
The U.S. crypto ETF market is
It started with Bitcoin.
Then, Ethereum ETFs also appeared.
And more recently,
With Solana, XRP, and others,
There are also ETFs related to chains other than BTC and ETH.
it’s starting to be traded more and more.
In other words, crypto ETFs are
This isn’t just about Bitcoin anymore.
the characteristics and real-world demand each chain has,
How it’s evaluated from the securities market
It looks like we’re entering that stage.
It might be a single entry point.
personally, I think,
The TRX ETF is not just an altcoin ETF;
"Access to the TRON economy with real demand for stablecoins"
I think you can view it that way.
Bitcoin ETFs are
access to digital gold.
As for Ethereum ETFs,
access to a smart-contract economy.
Solana-type ETFs,
access to a fast L1 and the application economy.
XRP-based ETFs are
Access to remittance and settlement networks.
So what about the TRX ETF?
In the case of TRON,
✅ USDT remittances
✅ Stablecoin settlements
✅ Low fees
✅ Fast processing
✅ Global fund movement
✅ TRX staking
There’s a context like this.
especially TRON,
For USDT-TRC20 transfers and settlement,
they are chains that have actually been used.
So when you look at the TRX ETF,
it’s not just "a product that tracks the TRX price".
Not only that,
the real demand of the TRON network
It became possible to access it from a securities account.
I think you can look at it that way.
So what’s interesting about the TRX ETF among them?
Staking support is also a feature.
Of course,
Because it’s an ETF, it’s safe—you’ll definitely make a profit.
That’s not the point.
the ETF mechanism needs to be confirmed.
there’s also the risk of fluctuations in the TRX price,
Regarding the handling of fees and staking rewards,
Furthermore, the Canary Staked TRX ETF,
But in the midst of that,
When viewed alongside the trend of other-chain ETFs,
The way things look changes quite a lot.
The ETF market, which had been centered on BTC and ETH,
TRON is
"a stablecoin settlement infrastructure"
it has a fairly clear position.
As for the TRX ETF,
TRON isn’t just an altcoin;
can be seen as networks with real demand.
It’s an era where we look at the features and real-world demand of each chain.
I’d like to keep following TRON’s developments!