金絲雀資本文件與SEC的S-1表格註冊，以啟動TRON（TRX）加密貨幣點ETF

此舉是為了基於TRON（TRX）加密貨幣推出現貨交換基金（ETF）。該提出的ETF將與基於股份的獎勵功能保持TRX令牌。

Canary Capital has officially filed an S-1 registration with the Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) based on the Tron (TRX) cryptocurrency.

Canary Capital已正式向美國證券交易委員會（SEC）提交了S-1註冊，以基於TRON（TRX）加密貨幣啟動現貨交易所資金（ETF）。

The proposed ETF will hold TRX tokens and also provide stake-based reward functions to investors. This will create a unique dual-functioning investment tool for TRON investors, which is not present in U.S. financial markets.

擬議的ETF將持有TRX令牌，並向投資者提供基於股份的獎勵功能。這將為TRON投資者創建獨特的雙功能投資工具，該工具在美國金融市場中不存在。

The filing states that BitGo Trust Company will be the protective authority of ownership for TRX assets. The fund’s sponsor role will be taken by Canary Capital. An ETF investment strategy centers on delivering TRX price exposure together with participation in yield generation through staking for investors.

申請指出，Bitgo信託公司將成為TRX資產所有權的保護權。該基金的讚助商角色將由Canary Capital扮演。 ETF投資策略旨在通過投資者的積分來提供TRX價格敞口，並參與產生產量。

Justin Sun, the founder of Tron, took to the social media platform X to share his perspective regarding the TRON news. He urged U.S. investors to take immediate action.

Tron的創始人賈斯汀·孫（Justin Sun）帶到了社交媒體平台X，分享了他對Tron新聞的看法。他敦促美國投資者立即採取行動。

According to Sun, TRX is a stellar investment as its market value should grow steadily. In turn, investors from American venture capital institutions should begin purchasing TRX tokens now.

根據Sun的說法，TRX是一項出色的投資，因為其市場價值應穩定增長。反過來，美國風險投資機構的投資者現在應該開始購買TRX令牌。

“US VCs should start buying TRX — and fast. Don’t wait until it’s too late. TRX is a price that only moves one way: up,” he stated.

他說：“美國風險投資人應該開始購買TRX - 而且很快。不要等到為時已晚。TRX是一個只能移動的價格：向上。”

The proposed measure faces multiple obstacles during its current implementation. The SEC facilitates pushback against ETFs that incorporate staking services within their structures according to its previous actions.

擬議的措施在當前實施過程中面臨多個障礙。 SEC促進了反對ETF的阻塞，該ETF會根據其先前的行動在其結構中納入均值服務。

The previous attempts by similar Ethereum ETF proponents had to discontinue staking elements because of regulatory reasons. The SEC maintains that different staking services fall under the category of unregistered securities thus causing legal challenges.

由於監管原因，類似的以太坊ETF支持者先前的嘗試不得不停止放產要素。 SEC堅持認為，不同的積分服務屬於未註冊證券類別，從而造成了法律挑戰。

TRX ETF Could Attract Both Retail and Institutional Investors

TRX ETF可以吸引零售和機構投資者

Despite this, some firms continue to push forward. For example, Grayscale is advocating for ETFs that include staking and broader crypto exposure. Other nations are currently succeeding with their efforts to create crypto ETFs. Canada is moving toward introducing the very first Solana ETFs to operate as spot products in North American markets. Independent sources indicate that BlackRock plans to introduce exchange-त्रेaded funds (ETFs) for XRP and Solana (SOL) in the near future as the top asset management corporation worldwide.

儘管如此，一些公司仍在繼續前進。例如，灰度倡導ETF，包括樁和更廣泛的加密貨幣暴露。目前，其他國家正在成功創建加密ETF。加拿大正在朝著引入第一個在北美市場上作為現貨產品運行的Solana ETF。獨立資料表明，BlackRock計劃在不久的將來作為XRP和Solana（SOL）為XRP和Solana（SOL）引入交易所的資金（ETF）作為全球最高資產管理公司。

There remains uncertainty about the potential future of the Canary TRX ETF. The risk increases because of the SEC’s stern position regarding staking while Justin Sun faces longstanding controversies. The Tron network has previously been accused of being used for illegal activities. Although the team behind Tron denies these claims, they may still affect the ETF’s chances of approval.

金絲雀TRX ETF的潛在未來仍然存在不確定性。由於SEC在裁決方面的嚴厲位置，賈​​斯汀·孫（Justin Sun）面臨長期存在的爭議，風險增加了。 TRON網絡以前被指控用於非法活動。儘管Tron背後的團隊否認了這些主張，但它們仍可能影響ETF的認可機會。

Data from CoinMarketCap indicates that Tron (TRX) maintains a market capitalization of $23 billion with a current trading rate of $0.2427. TRX continues to be one of the major active participants in the cryptocurrency market.

來自CoinMarketCap的數據表明，TRON（TRX）的市值為230億美元，目前的交易稅率為0.2427美元。 TRX仍然是加密貨幣市場中主要的活躍參與者之一。

If the ETF is approved, it would create a significant advancement for the industry sector. The United States has not witnessed an ETF delivering combined exposure to crypto assets while paying staking rewards until this point. Retail along with institutional investors may show interest in this structure as a way to obtain returns above basic price appreciation.

如果ETF獲得批准，將為行業帶來重大進步。到目前為止，美國尚未目睹ETF的共同曝光率，同時支付積分獎勵。零售與機構投資者可能對這種結構表現出興趣，以此作為獲得基本價格讚賞的回報的一種方式。

Lastly, if approved, the TRX ETF from Canary Capital will create significant possibilities for the crypto investment space. Time will determine whether U.S. regulators accept the innovative approach made possible by spot exposure combined with staking rewards.

最後，如果獲得批准，Canary Capital的TRX ETF將為加密投資領域創造很大的可能性。時間將確定美國監管機構是否接受通過現場暴露與放養獎勵相結合的創新方法。