#美SEC加密圆桌会议 $BNB

$TRX 1. **Official news of TRX ETF**

- **Justin Sun announces TRX ETF is coming**

Justin Sun, the founder of TRON, posted on social media on March 21, 2025 that "TRX ETF is coming soon", which has attracted market attention to ETF products with TRX as the underlying asset. The specific issuance time or application institution has not yet been disclosed, but combined with the trend of ETFs in the cryptocurrency market, it may be promoted by compliance institutions in conjunction with the TRON ecosystem.

2. **TRX market performance and background**

- **TRX price hits a new high recently**

In August 2024, TRX soared 37% to break through $0.143, a three-year high, mainly driven by the record issuance of TRC20-USDT (reaching 61.8 billion) and increased network activity.

- LONG-TERM POTENTIAL AND VOLATILITY

TRX is trading at around $0.24 in January 2025, still 45% lower than its all-time high of $0.44 in 2024, but it has risen by 117% in a year, showing that it has a high level of market attention.

3. **Market Trends of Cryptocurrency ETFs**

- **The Case of Brazil’s Solana ETF**

In August 2024, the Brazilian Securities and Exchange Commission (CVM) approved the second Solana ETF, launched by asset management company Hashdex in cooperation with BTG Pactual. This precedent shows that emerging markets are becoming more accepting of cryptocurrency ETFs, which may provide a reference for TRX ETF.

- **Activity of US stock ETFs**

The US stock ETF market will continue to expand in 2025, and broad-based ETFs and thematic ETFs (such as artificial intelligence and healthcare) will have strong ability to attract funds, showing the advantages of ETFs as low-cost, high-liquidity tools. If the TRX ETF is launched, it may attract institutional and individual investors interested in the cryptocurrency field.

4. Potential impact of TRX ETF

- **Market expansion and liquidity improvement**

The launch of the ETF will increase the proportion of institutional holdings of TRX, improve liquidity and price stability, and at the same time lower the threshold for retail investors to directly hold cryptocurrencies.

- **Regulatory and compliance challenges**

We need to pay attention to the regulatory attitudes of various countries towards cryptocurrency ETFs. For example, the US SEC is relatively strict in approving BTC and ETH ETFs, while emerging markets such as Brazil and the UAE are relatively open. The landing of TRX ETF may give priority to regions with friendly regulation.

5. **Investor strategy recommendations**

- **Short-term focus on official progress**

It is recommended to closely follow the subsequent announcements from Justin Sun and the TRON Foundation, especially key nodes such as cooperation with compliance agencies and application submissions.

- **Long-term evaluation of network ecology**

The value support of TRX depends on its ecological development, such as the adoption rate of TRC20-USDT, DApp activity, etc. If the ETF is implemented, it may further promote the expansion of application scenarios of the TRON network.

Summarize

Currently, there is limited official information on the TRX ETF, but considering the ETF trend in the cryptocurrency market and the ecological strength of TRON, its launch is possible. Investors need to weigh regulatory risks and potential returns, and pay attention to changes in TRX fundamentals and market sentiment. For users with a higher risk appetite, they can deploy TRX spot in advance; conservative investors can wait until the ETF is clearly implemented before making a decision.