TRON's first staked ETF just launched. Here's what crypto investors should know.

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Wall Street's newest crypto fund comes with a staking feature to boost returns. There he is Justin Sun, Mr. Bananas, suing World Liberty financial himself.

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You'll remember the early days of the show when we had amazing memes and lots of people to talk about. Haven't been that many meable moments.

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But here is, this is Canary Capital launching a state TRX ETF called TRXSS. Staking means that they will stake the assets that are accumulated in the ETF and then more TRX will then be added.

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80% of those rewards are passed on as staking related fees, so you actually get effectively a yield for holding this asset.

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Now TRX has actually been one of the few cryptocurrencies that's performed well every year. I think it's up four years in a row and still doing well and largely that's because half of Tether's uh, AUM is actually being used on Tron.

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Around the world, even though people don't realize it, most people are using Tron wallets to send small amounts of stable coins because it's cheap and it's fast and they don't really care what network that it's happening on.

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So, once again, we have a single asset ETF that could be successful. We don't know if it's actually going to be successful as of yet, but is being launched here.

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So somebody believes that there's still an appetite for this. Those people are obviously Canary capital.

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Uh and it's not a surprise that Wall Street finally embraced staking here because they've discovered that they can charge basically two separate fees to do it.

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So ETFs are making crypto native products look like a conventional investments here.